$809,500 Last Listed Price
●
House -
Off Market
1215 Ball
Galveston, TX 77550
3 Beds
3 Baths
1,923 Ft²
$820,594
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
This immaculate raised cottage was built by the merchandise broker
Gracey W. Bell in 1881. The front of the home has a gated
iron fence that enters onto a bricked patio. Enter into the
large foyer with transoms to dining and living rooms. the original
hard wood long leaf pine flooring is on display. Arched entry ways
give access to dining and living rooms. Living room has reclaimed
antique mantel from New Orleans and a custom hearth. The dining
room which can seat 12 for dinner has a vintage chandelier and
plaster medallion. Gourmet kitchen has top of the line
finishes and appliances and many custom features. With a garage apt
w/ full bathroom and heated pool in the lusciously landscaped back
yard, this home offers every imaginable amenity that are too
numerous to list herein. Please ask your agent to give you
the Seller's Information Sheet that lists all of the unique feature
and touches in this home.
Unit Size
1,923 Ft²
Days on Market
-
Land Size
-
Price per sqft
$421
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1881
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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: 6 months ago (HAR #10001569)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Joe Tramonte Realty, Inc. | $809,500 | |
| Listed by Joe Tramonte Realty, Inc. | |||
| | |||
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This immaculate raised cottage was built by the merchandise broker Gracey W. Bell in 1881. The front of the home has a gated iron fence that enters onto a bricked patio. Enter into the large foyer with transoms to dining and living rooms. the original hard wood long leaf pine flooring is on display. Arched entry ways give access to dining and living rooms. Living room has reclaimed antique mantel from New Orleans and a custom hearth. The dining room which can seat 12 for dinner has a vintage chandelier and plaster medallion. Gourmet kitchen has top of the line finishes and appliances and many custom features. With a garage apt w/ full bathroom and heated pool in the lusciously landscaped back yard, this home offers every imaginable amenity that are too numerous to list herein. Please ask your agent to give you the Seller's Information Sheet that lists all of the unique feature and touches in this home.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
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HOA + Taxes
About East End Historic District
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Listed by: Vincent Tramonte, Joe Tramonte Realty, Inc.
Last Updated: 6 months ago
Data Source: HAR , MLS# 10001569
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Last Updated: 6 months ago
Data Source: HAR , MLS# 10001569
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