11625 Zingelmann Road
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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 23, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Threshold Realty LLC | $449,000 | |
| Listed by Threshold Realty LLC | |||
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Get away from it all! A country feel minutes away from the beach. This beautifully updated gem is the perfect spot to enjoy true Galveston living. Beautiful Bay views with plenty of land to sprawl out. This is an existing AirBnb with future bookings, so if this is your desire, you've come to the right place. Conveniently set up with a large walk-in pantry and utility room with an separate lockable walk-in closet for stocking supplies. Prefer to move in and enjoy some country beach living? This is the ideal spot to stay away from the crowds and traffic. Complete with a pad to park an RV and a chicken coup to start your own fresh egg factory.
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| Oct 25, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by Nan & Company PropertiesChristie's International R | $419,500 | |
| Listed by Nan & Company PropertiesChristie's International R | |||
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Been dreaming of the perfect island getaway? Imagine watching the incredible sun sets over the Galveston Bay from your front porch! Make that dream a reality at 11625 Zingelmann! This beautiful, open concept, split floor plan, boasts beautiful granite countertops and wood floors throughout. Walk through the sizable laundry room into the massive pantry with plenty of shelving including room for a second refrigerator. Located on a quiet, dead-end street. The entire yard is fully fenced with an RV pad, storage building and lots of covered parking under the home. No HOA! Located just a short drive to town, local restaurants and the beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017