9914 Shimmering Lakes 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 |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by Stanfield Properties | $255,900 | |
| Listed by Stanfield Properties | |||
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Appealing DR Horton floor plan that maximizes every inch of the 2,000 square feet of living space in this single-story home in the gated Sterling Lakes community. Upon entry from the covered front porch, you'll find an inviting foyer with new wood-look tile floors, fresh neutral paint, and a flexible use space to the left that can be utilized as a formal dining room, study, or game room. From there, this open floor plan that's perfect for entertaining flows into the sunlit family room with a combined dining room and an expansive breakfast bar leading into the kitchen with granite counters, tile backsplash, white cabinetry, black appliances, and easy to maintain wood-look tile floors. A desirable split floor plan allows privacy for the master suite. Enjoy plenty of room to run outside in the pool-sized backyard with a permanent back fence and no rear neighbors. Boasting convenient access to SH 288, you can be in Pearland in minutes and the Med Center is just a short commute.
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About Brazoria
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017