$825,000 Last Listed Price
●
House -
Off Market
103 Coconut Road
Surfside Beach, TX 77541
6 Beds
3 Baths
2,120 Ft²
$863,263
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
6-bedroom beachfront home with excellent rental history and ramped
walkover attached to the deck for easy beach access! This house is
always a fan favorite with the ginormous, two-level deck with a
ramp and unobstructed beachfront views. The living area with an
electric fireplace, two bedrooms, and a guest bathroom are on the
main floor. Upstairs are three guest bedrooms, one primary suite
with access to the deck, and a guest bathroom. Downstairs is a
small deck area with plumbing to add a ground-level bathroom,
garage, and yard space. Attached by a walkover to two other houses,
this setup is popular for church groups and corporate events during
the off-season. Other features include a new AC unit, whole house
water filtration, and incredible water views! Surfside Beach is
well known for being family-friendly and was voted the best Texas
beach in 2019! Feel free to reach out with any questions. We would
love to help you explore the possibilities of beachfront living
here at Boat House!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$389
Property Type
House
Property Taxes
$959
HOA Dues
-
Year Built
2002
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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 #57553616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by The Local Agents Real Estate LLC | $825,000 | |
| Listed by The Local Agents Real Estate LLC | |||
| | |||
|
6-bedroom beachfront home with excellent rental history and ramped walkover attached to the deck for easy beach access! This house is always a fan favorite with the ginormous, two-level deck with a ramp and unobstructed beachfront views. The living area with an electric fireplace, two bedrooms, and a guest bathroom are on the main floor. Upstairs are three guest bedrooms, one primary suite with access to the deck, and a guest bathroom. Downstairs is a small deck area with plumbing to add a ground-level bathroom, garage, and yard space. Attached by a walkover to two other houses, this setup is popular for church groups and corporate events during the off-season. Other features include a new AC unit, whole house water filtration, and incredible water views! Surfside Beach is well known for being family-friendly and was voted the best Texas beach in 2019! Feel free to reach out with any questions. We would love to help you explore the possibilities of beachfront living here at Boat House!
| |||
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 Surfside Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Grace Reutzel, The Local Agents Real Estate LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 57553616
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Last Updated: 5 months ago
Data Source: HAR , MLS# 57553616
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