907 N Elder Grove 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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by AEA Realty, LLC | $450,000 | |
| Listed by AEA Realty, LLC | |||
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Welcome to this beautiful 4-bedroom, 2.5-bathroom home located on a desirable corner lot in an exclusive, gated, and guarded Pearland neighborhood. With 2,643 square feet of comfortable living space on a spacious 10,907 sq ft lot, this home offers an open floor plan with abundant natural light, seamlessly connecting the stylish kitchen complete with granite countertops, stainless steel appliances, and ample cabinetry to the dining and living areas. The primary suite is a luxurious retreat, featuring an ensuite bath with a soaking tub, separate shower, and a walk-in closet. 3 additional bedrooms provide ample space for family or guests. Step outside to enjoy the private side yard, perfect for relaxing or entertaining, and take advantage of the amenities, including a pool, tennis courts, and a golf course. With access to shopping, dining, and major highways, this home combines elegance, comfort, and a sought-after location in a prestigious neighborhood. Don’t miss this opportunity!
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017