81 San Simeon Drive
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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Keller Williams Platinum | $319,900 | |
| Listed by Keller Williams Platinum | |||
| Mar 19, 2025 | No longer available | - | |
| No longer available | |||
| Mar 18, 2025 | Listed | $335,000 | |
| Listed | |||
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Don’t miss this beautiful 4-bedroom, 2.5-bathroom home in the sought-after Rodeo Palms, featuring a brick exterior, wood and vinyl flooring, high ceilings, formal dining room, game room, and 2-car attached garage, ROOF REPLACED IN 2024! Whip up new dishes in the kitchen ,equipped with butcher block countertops, tile backsplash, gas range, stainless steel appliances, farmhouse sink, ample cabinet storage, and breakfast area. The spacious primary suite is complete with a walk-in closet, double sinks, and separate tub and shower. Relax or entertain under the covered patio in the spacious, fenced-in backyard. No back neighbors. Located off Hwy 6and Hwy 288, residents are minutes from Silverlake Village and Pearland Town Center. Multiple golf courses and nature parks surround the area. Schools are zoned to Alvin ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017