5811 Saber River
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Pillar Realty & Associates | $488,000 | |
| Listed by Pillar Realty & Associates | |||
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This meticulously maintained one story home is located in the desirable neighborhood of Sugar Land. Within walking distance to the top-ranking schools of Commonwealth Elem, Fort Settlement MS, and Clements HS. This 3 bedrooms home features high ceiling with a flex area to be a study or game room, large master bedroom, tiles in the wet areas, and hard wood flooring in dining and living areas, stoned fireplace, kitchen with island open to the spacious living room, granite countertop, sprinkler system, custom-made drapery, built-in computer work station, covered patio with ceiling fan, roof replaced in 2016, AC in 2023. Washer, and dryer stay. Easy access to the major highways; minutes to shops, Costco, Sugar Land Town Center, Memorial Park, Smart Financial Center, and First Colony Mall. The neighborhood pool, park, tennis court, lake, and trails are in walking distance to enjoy. Low tax rate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017