35
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13415 Binnacle Way
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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 28, 2026 | Listed by Greenwood King Properties - Voss Office | $1,139,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
| Sep 27, 2026 | No longer available | - | |
| No longer available | |||
| Oct 10, 2025 | Listed by Greenwood King Properties - Voss Office | $1,250,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
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Architect David Mullican designed this ship-inspired coastal retreat in Laffite’s Cove, blending art and function in every detail. This 4-bedroom, 4-bath home has been beautifully updated with a new Hardiplank exterior (2025), new roof (2025), floors, lighting, paint inside and out, and new decks and railings (2025). An elevator serves all levels for effortless living. Enjoy the oversized pavered driveway, electric storm shutters, and timeless nautical charm. With 2,412 sq ft (per GCAD), the home captures sea breezes and sunlight through open living spaces and generous decks. Includes a Galveston Country Club membership, offering access to the island’s premier amenities. 13415 Binnacle is more than a home—it’s a reimagined coastal haven, ready for its next chapter by the sea. All info per Seller. All info per Seller.
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| Aug 12, 2024 | No longer available | - | |
| No longer available | |||
| Jun 19, 2024 | Price Decreased |
$1,200,000
↓ $400K
(25%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017