9538 Ocean Drive
About This Property
Whether you're a passionate home chef or an avid entertainer, you will be drawn to the show-stopping gourmet kitchen. Here, an oversized island is an ideal place for guests to gather as you cook up a storm plus there's a suite of stainless steel appliances, a tiled backsplash, ample cabinetry and stone countertops.
The impressive list of features continues outside with easy-care landscaping, a large fenced backyard and a covered patio where you can relax with your morning coffee.
This modern single family home is nestled within a quiet neighborhood and is close to parks and local amenities. Everything you could ever need is within easy reach while a quick 35-minute drive will have you in the heart of Houston.
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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 23, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by Real Broker, LLC | $315,000 | |
| Listed by Real Broker, LLC | |||
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Beautiful Open-Layout Home Designed for Easy Living w/ Storage Shed! The Chef-Inspired Kitchen Features a Large Island, Granite Countertops, Beautiful Cabinet Hardware, Stainless-Steel Appliances & Sparkling Pendant Lighting Over Breakfast Bar! Flows Seamlessly into the Inviting Family Room w/ a COZY GAS FIREPLACE. Dining Area Overlooks the BACK PORCH & Backyard—Perfect for Indoor/Outdoor Gatherings! Retreat to Your PRIVATE OWNER’S SUITE w/ a SITTING AREA & SPA-LIKE ENSUITE w/ Double Vanities, Deep Soaking Tub, Picture-Perfect Walk-In Shower & TWO Walk-In Closets! Your Home Office has Beautiful Double Glass Doors & is Nestled Between Two Secondary Bedrooms. Study/Office Can be Used for Additional 4th Bedroom & Has Large Closet! Garage Floor is Epoxied & Walls Painted! Enjoy Resort-Style Living in Meridiana w/ Amazing Amenities, Including Fitness Centers, Pool w/ Splash Pad, Tidal River & Wave Pool! Easy access to 288, Hwy 6 & New Tollways Makes Commuting to Houston a Breeze!
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| Feb 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 23, 2026 | Listed by Om Realty Group | $337,895 | |
| Listed by Om Realty Group | |||
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Welcome!! This well-maintained home features a bright, open layout with comfortable living spaces and abundant natural light. The functional floor plan is ideal for everyday living and entertaining. Spacious bedrooms offer privacy and comfort, while the generous backyard provides room to relax or personalize. Conveniently located with easy access to major highways, schools, and nearby amenities, this home offers the perfect blend of peaceful living and everyday convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017