$1,500,000 Last Listed Price
●
House -
Off Market
13331 Binnacle Way
Galveston, TX 77554
4 Beds
3 Baths,
1
Half Bath
2,409 Ft²
$1,824,109
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Wonderfully maintained home within the prestigious Laffite's Cove
subdivision on two lots. Features include: open living, dining,
kitchen concept w/ tile flooring, gas log fireplace, built-in's,
breakfast bar & bay windows. The flow of the home is ideal with the
primary bedroom being located on the first level with an ensuite
bath, double vanity & jetted large tub. There is a powder room on
the main level for guests. The kitchen has ample cabinet space, gas
cooktop stove & corner pantry. The utility room is off kitchen with
a dumbwaiter and cabinets. Three spacious bedroom are on the 2nd
floor, one with an ensuite bath with shower, another with bunks. A
full hallway bath is also on the 2nd level. The boat house hosts a
slip & lift. The ground level has a pool & tons of enjoyable space
for outdoor entertaining & outdoor shower. The views east and down
the canal will take your breath away and you will love the
hummingbirds that flock around the home in the springtime or during
migration.
Unit Size
2,409 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$623
Property Type
House
Property Taxes
$1,624
HOA Dues
$203
Year Built
1996
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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 #59670908)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Jan 18, 2021 | Listed by BHGRE Gary Greene | $1,500,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Wonderfully maintained home within the prestigious Laffite's Cove subdivision on two lots. Features include: open living, dining, kitchen concept w/ tile flooring, gas log fireplace, built-in's, breakfast bar & bay windows. The flow of the home is ideal with the primary bedroom being located on the first level with an ensuite bath, double vanity & jetted large tub. There is a powder room on the main level for guests. The kitchen has ample cabinet space, gas cooktop stove & corner pantry. The utility room is off kitchen with a dumbwaiter and cabinets. Three spacious bedroom are on the 2nd floor, one with an ensuite bath with shower, another with bunks. A full hallway bath is also on the 2nd level. The boat house hosts a slip & lift. The ground level has a pool & tons of enjoyable space for outdoor entertaining & outdoor shower. The views east and down the canal will take your breath away and you will love the hummingbirds that flock around the home in the springtime or during migration.
| |||
Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pirates Cove
Similar Homes for Sale
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Listed by: Linda Sivy, BHGRE Gary Greene
Last Updated: 6 months ago
Data Source: HAR , MLS# 59670908
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Last Updated: 6 months ago
Data Source: HAR , MLS# 59670908
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