37
Map
11215 Bernice Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Listed by Sand N Sea Properties, LLC | $649,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| Mar 23, 2025 | No longer available | - | |
| No longer available | |||
| Mar 14, 2025 | Listed by Sand N Sea Properties, LLC | $649,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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This charming beachfront property is a fantastic income-producing opportunity, ideally located close to downtown Galveston. Situated in a desirable west end subdivision, this home is as close to the action as you can get! The property boasts wind-rated windows and durable cement board siding for added resilience. Inside, the vaulted ceilings in the living and dining areas create a spacious and airy feel. The upstairs loft offers stunning beach views, while the large seaside deck with a pergola is perfect for outdoor relaxation and entertaining. The kitchen is a chef’s dream, featuring granite counters and backsplash, along with a stainless steel barn sink. Additionally, the lot behind the house is also available for sale, providing further expansion potential. With unobstructed water views, this property combines great location, investment potential, and coastal living at its best.The property behind the home is also for sale.
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About Sunny Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,400 /mo
- 1 Bed
- 1 Bath
- 732 ft²
$2,375 /mo
- 2 Beds
- 2 Baths
- 1,175 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017