1120 3 K
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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | No longer available | - | |
| No longer available | |||
| Feb 15, 2024 | Listed by Gulf Coast, Realtors | $77,500 | |
| Listed by Gulf Coast, Realtors | |||
| | |||
|
Great little lot with water, sewer, electric available. Just a few block from the view of Galveston Bay.
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| Jul 18, 2023 | Listed by Gulf Coast, Realtors | $82,500 | |
| Listed by Gulf Coast, Realtors | |||
| | |||
|
Great little lot with water, sewer, electric available. Just a few block from the view of Galveston Bay. Please do not enter property with out a agent present
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About San Leon
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Last Updated: 5 months ago
Data Source: HAR , MLS# 60364478
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