$349,999 Last Listed Price
●
House -
Off Market
6622 Sharon Drive
Pearland, TX 77581
3 Beds
2 Baths
1,580 Ft²
$2,096
Est. Monthly
About This Property
Attention investors! Here's an exciting opportunity to transform a
charming property into a beautiful home. This single-story,
traditional house features a cozy, functional layout with 3
bedrooms and 2 full bathrooms. Set on a generously sized lot,
there's plenty of outdoor space for gardening, recreation, or
potential future expansion. Building 1 is a 60x40x20 workshop that
offers extra space for tools, outdoor equipment, hobbies, or a mini
barndominium. The carport extends 25 feet. Building 2 is
approximately 30Lx25Wx15H. With its classic design and
spacious lot, this property blends charm with potential - ideal for
those looking for a peaceful retreat with convenient access to
local amenities. Plus, the lot is large enough to be divided,
allowing you to sell a portion and still retain over half an acre.
Don't miss out on the endless possibilities this property offers!
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$222
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #79443844)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by CB&A, Realtors- Southeast | $349,999 | |
| Listed by CB&A, Realtors- Southeast | |||
| | |||
|
Attention investors! Here’s an exciting opportunity to transform a charming property into a beautiful home. This single-story, traditional house features a cozy, functional layout with 3 bedrooms and 2 full bathrooms. Set on a generously sized lot, there's plenty of outdoor space for gardening, recreation, or potential future expansion. Building 1 is a 60x40x20 workshop that offers extra space for tools, outdoor equipment, hobbies, or a mini barndominium. The carport extends 25 feet. Building 2 is approximately 30Lx25Wx15H. With its classic design and spacious lot, this property blends charm with potential — ideal for those looking for a peaceful retreat with convenient access to local amenities. Plus, the lot is large enough to be divided, allowing you to sell a portion and still retain over half an acre. Don't miss out on the endless possibilities this property offers!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pearland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Gregory Young, CB&A, Realtors- Southeast
Last Updated: 5 months ago
Data Source: HAR , MLS# 79443844
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Last Updated: 5 months ago
Data Source: HAR , MLS# 79443844
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