$649,000 Last Listed Price
●
House -
Off Market
12881 Gulf Beach Dr Drive
Freeport, TX 77541
3 Beds
2 Baths
960 Ft²
$742,742
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
It doesn't get any more waterfront GORGEOUS than this! Right at the
shores of the Gulf of Mexico, spectacular views and location for
fishing, vacationing, living the saltwater life in Treasure Island.
This home has been through a full renovation and torn down to
studs. Wind certificate (includes high impact windows)- Finished
end 2013 New septic w concrete tank- May 2014, New & extended deck,
railing & stairs- February 2016, new roof- March 2017, new outdoor
condensing unit 2.5 ton with marine coating- August 2019, new TVs-
May 2020. Further pride in ownership: AC is checked 2 x a year,
Septic is checked 1x per year, quarterly pest management, water
heaters checked 1x per year. Short term rental income is in 6
figures! Community pier, boat ramp, community building &
beach walkovers. Call today to see this home & make it your own
beachfront paradise!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$676
Property Type
House
Property Taxes
$458
HOA Dues
$8
Year Built
1982
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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 #18854650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Janke and Co Properties | $649,000 | |
| Listed by Janke and Co Properties | |||
| | |||
|
It doesn't get any more waterfront GORGEOUS than this! Right at the shores of the Gulf of Mexico, spectacular views and location for fishing, vacationing, living the saltwater life in Treasure Island. This home has been through a full renovation and torn down to studs. Wind certificate (includes high impact windows)- Finished end 2013 New septic w concrete tank- May 2014, New & extended deck, railing & stairs- February 2016, new roof- March 2017, new outdoor condensing unit 2.5 ton with marine coating- August 2019, new TVs- May 2020. Further pride in ownership: AC is checked 2 x a year, Septic is checked 1x per year, quarterly pest management, water heaters checked 1x per year. Short term rental income is in 6 figures! Community pier, boat ramp, community building & beach walkovers. Call today to see this home & make it your own beachfront paradise!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About Brazoria
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Listed by: Marie Janke, Janke and Co Properties
Last Updated: 6 months ago
Data Source: HAR , MLS# 18854650
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Last Updated: 6 months ago
Data Source: HAR , MLS# 18854650
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