8913 Sungate 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 14, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by Stanfield Properties | $289,900 | |
| Listed by Stanfield Properties | |||
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Inviting single-story home in Pearland ISD with quick & easy access to TX 288 and the Sam Houston Tollway! This light and airy split floorplan showcases a wide foyer with high ceilings, fresh neutral paint, and stylish lighting with French doors leading to a secluded study with a sunlit palladium arched window, a formal dining room, and a spacious family room anchored by a gas fireplace. Wrap-around breakfast bar seating creates a seamless transition into the island kitchen with granite countertops, a glass tile backsplash, a double door pantry, and stainless appliances including a gas cooktop. All bedrooms boast generous walk-in closets and the secluded master offers a soaking tub and separate shower. Other noteworthy features include a large utility room with space for a secondary fridge, abundant storage, a recent roof & HVAC, and no rear neighbors! Community amenities include a lake, tennis courts, playground, splash pad, and community pool!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017