6647 Brimridge Lane
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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%.
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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 |
|---|---|---|---|
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Premier, Realtors | $247,900 | |
| Listed by Premier, Realtors | |||
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Very nice ready-to-move-in 3-bedroom, 2-bathroom located in Southridge Crossing subdivision. Convenient to Downtown, Pearland Town Center, and NRG Stadium. This property is in excellent condition with nice upgrades like the extended concrete patio pad, ceiling fans in all bedrooms, a gas line for the dryer in the utility room, and an under-the-sink water filtration system in the kitchen. Open floor plan with kitchen overlooking dining and family area perfect for entertaining while in the kitchen. The primary bedroom includes a walk-in closet (8.5x5'), primary bath has double vanities with stone countertops. Two additional bedrooms are ready for your decorative touch. This property has never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017