8902 Pontiac 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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by BeiterHaus | $724,500 | |
| Listed by BeiterHaus | |||
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Welcome to this charming, red brick, Tudor-style corner home in Meyerland! Situated across from Gail Reeves Park, the primary suite offers a picturesque view of trees and green space, a soaker tub, and specialty tile in the newly completed bathroom (2024). Featuring four bedrooms, three full baths, and a unique custom Murphy bed and built-in cabinetry for guests, there is room for everyone (2022). The kitchen has been completely remodeled with added pantry space and a secret room in the dining room - if you can find it (2018)! Recent upgrades include turf in both courtyards, a new driveway gate, and all fences (2024). A full list of all the improvements is available upon request. Enjoy the suburban lifestyle, with truly some of the best neighbors, only minutes away from major Houston destination. Don't miss out on this gem at 8902 Pontiac!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017