$120,000 Last Listed Price
●
Land -
Off Market
1 Sunset Lane
Galveston, TX 77554
Studio
0 Bath
$162,216
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Beautiful large corner lot with beautiful views of lake and backs
to nature area. Relaxing pedestrian-friendly neighborhood with
village charm! Homes here reflect appreciation for quality and
craftsmanship. This area did not flood during Ike per Seller. Close
to in-town shopping, restaurants & everything Galveston. Lot next
door also available. Build your dream home and enjoy all the
amenities this wonderful neighborhood has to offer; lake, community
pool and cabana, common green areas, Sugarbean coffee shop, and
nearby Moody Gardens Golf Course. Just minutes away from the beach,
shopping, and great restaurants.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$198
HOA Dues
$42
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #94857363)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2023 | No longer available | - | |
| No longer available | |||
| Jun 30, 2023 | Listed by SAND 'N SEA PROPERTIES, LLC | $475,000 | |
| Listed by SAND 'N SEA PROPERTIES, LLC | |||
| | |||
|
Corner double lot available in Evia! This lot is just a short walk from the park, lake and the adorable shopping area off of Evia Main. The buyer can subdivide the lots after they have been purchased. HOA annual fee includes all common areas, lot maintenance and use of the pool. The manager has listed the unit size as 11829 square feet.
| |||
| Sep 18, 2020 | Sold | ||
| Sold | |||
| Jun 29, 2020 | Listed by Greenwood King Properties | $120,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Beautiful large corner lot with beautiful views of lake and backs to nature area. Relaxing pedestrian-friendly neighborhood with village charm! Homes here reflect appreciation for quality and craftsmanship. This area did not flood during Ike per Seller. Close to in-town shopping, restaurants & everything Galveston. Lot next door also available. Build your dream home and enjoy all the amenities this wonderful neighborhood has to offer; lake, community pool and cabana, common green areas, Sugarbean coffee shop, and nearby Moody Gardens Golf Course. Just minutes away from the beach, shopping, and great restaurants.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Evia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bet Jennings, Greenwood King Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 94857363
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Last Updated: 5 months ago
Data Source: HAR , MLS# 94857363
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