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8938 Aspen Meadow Drive
About This Property
Welcome to this spacious and well-maintained 2-story traditional brick home boasting 5 bedrooms and 3 full bathrooms. The 1st floor features a cozy kitchen that opens to the dining area and a guest bedroom with an en-suite bath. Upstairs, you'll find a large family area, plus 3 generously sized secondary bedrooms and a full bath. The primary suite, offers a private retreat with a large walk-in closet and its own full bath. The backyard features a covered pergola and patio with a swing set-a great space for dining al fresco and enjoy family gatherings. Home includes: Generac Generator, washer, dryer, and refrigerator. Nearby is Sugar Land Town Square. It features restaurants, shopping, entertainment, and events like concerts and festivals. This move-in-ready home offers the perfect balance of space, convenience, and charm. Don't miss your chance to make it yours!
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Relisted | $329,000 | |
| Relisted | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Listed by RANCO REALTY | $329,000 | |
| Listed by RANCO REALTY | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017