8914 Covington Estates Circle
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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by Stanfield Properties | $400,000 | |
| Listed by Stanfield Properties | |||
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Recent construction single-story home in a gated community with a park-like walking trail & pond in Pearland ISD! This rare find boasts an all brick elevation with charming shutters & manicured landscaping to welcome guests into this open-concept 3 bedroom, 3 bath home with a bonus room option for a 4th bedroom or study. The home boasts elevated trayed ceilings trimmed with crown molding, recessed lighting, gracefully arched doorways, updated fixtures, beautiful tile flooring, & a gas log fireplace with breakfast bar seating extending into the spacious island kitchen with granite countertops, a tile backsplash, & stainless GE appliances. The oversized master suite offers a corner tub, oversized shower, & a separate sitting area that could serve as a study with a private exit to the covered patio and large back and side yards for playing. Zoned to Pearland ISD, walking distance to Dawson High School, with easy access to the Beltway & 288, this location is perfect!
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017