8916 Covington Estates Circle
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 26, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Stanfield Properties | $490,000 | |
| Listed by Stanfield Properties | |||
| | |||
|
Recent construction 2 story home in the gated Covington Estates community surrounded by a park-like walking trail & a pond in Pearland ISD! This rare find boasts an upgraded stone elevation with charming shutters & manicured landscaping to welcome guests into this open-concept 4 bedroom, 3.5 bath home with bonus spaces that include a study with French doors, an upstairs game room, and a dedicated media room. In the main living space, find a soaring two-story ceiling trimmed with crown molding, inset art niches, a striking stone Heatilator fireplace, and arched serving pass-throughs to the kitchen with granite countertops, stainless appliances, and a tumbled stone backsplash. This home offers generously sized bedrooms with walk-in closets, a 3 car garage, and an enviable backyard with a custom-covered back patio with Haiku fans and a relaxing Hot Springs Grandee Spa. Walking distance to Dawson High School, with easy access to the Beltway & TX 288, this location is perfect!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Pearland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,895 /mo
- 4 Beds
- 2 Baths
- 1,444 ft²
$2,300 /mo
- 4 Beds
- 2 Baths
- 1,955 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017