$599,900 Last Listed Price
●
House -
Off Market
1025 Commodore Drive
Galveston, TX 77554
3 Beds
2 Baths,
1
Half Bath
2,228 Ft²
$713,545
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Beautiful home with views galore - canal, Offats Bayou and Moody
Gardens. Watch the sunrises, sunsets and moody fireworks from
multiple decks or the large deck by the boathouse. Open
concept interior with vaulted ceilings and loft, travertine
flooring and a first floor level that would make a great
mother-in-law suite. Boathouse and dock are made for entertaining
with multilayered lighting and outlets for the blender, etc...
Great place to watch local waterfowl or migratory birds, all while
crabbing and fishing. The house has a whole house water filtration
system and surge protection system, sprinkler system and other
upgrades. It is located on a dead end street with quick access to
I45, Broadway and 61st Street.
Unit Size
2,228 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$269
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1978
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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 #37110912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Joe Tramonte Realty, Inc. | $599,900 | |
| Listed by Joe Tramonte Realty, Inc. | |||
| | |||
|
Beautiful home with views galore - canal, Offats Bayou and Moody Gardens. Watch the sunrises, sunsets and moody fireworks from multiple decks or the large deck by the boathouse. Open concept interior with vaulted ceilings and loft, travertine flooring and a first floor level that would make a great mother-in-law suite. Boathouse and dock are made for entertaining with multilayered lighting and outlets for the blender, etc... Great place to watch local waterfowl or migratory birds, all while crabbing and fishing. The house has a whole house water filtration system and surge protection system, sprinkler system and other upgrades. It is located on a dead end street with quick access to I45, Broadway and 61st Street.
| |||
Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harbor Light
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Virginia Adams, Joe Tramonte Realty, Inc.
Last Updated: 5 months ago
Data Source: HAR , MLS# 37110912
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Last Updated: 5 months ago
Data Source: HAR , MLS# 37110912
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