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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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Gulf Coast Dream Team | $1,075,000 | |
| Listed by Gulf Coast Dream Team | |||
| Apr 4, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by XL Legacy International | $875,000 | |
| Listed by XL Legacy International | |||
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Conveys furnished! Immaculate freshly painted inside and out with multiple updates including a new roof, carpet, blinds, front door, dehumidifier, duct work and insulation & HVAC updates. Excellent location with a minutes boat ride to the Harborwalk Marina & Ship's Store as well as the ICW & West Galveston Bay. Beautiful wood coffered ceilings, wood, tile and carpet flooring. A grand stairway will lead you from the dockside foyer to the open concept living, family room, dining area and kitchen. Dual island kitchen with plenty of prep area, an additional sink and wine fridge. Brilliant natural light and walls of windows throughout. A guest retreat is located on the main level with three more bedrooms & lounge area on the third level including the primary suite with a large walk-in closet. Multiple connecting balconies capture amazing sunrises & sunsets. Boathouse with lift and lots of outdoor entertainment space. 12 miles to Galveston Strand, 28 miles to the Beltway, 42 miles DT Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017