$950,000 Last Listed Price
●
House -
Off Market
13447 Binnacle Way
Galveston, TX 77554
3 Beds
2 Baths,
1
Half Bath
2,044 Ft²
$1,111,542
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Chic Coastal Canal Home in sought after Laffite's Cove located at a
popular "fishing hole". This home features an open layout, private
primary deck, boat house, outdoor bar, lush tropical landscaping
and sparkling pool. Interior finishes include engineered wood
flooring throughout the main living areas, built-in entertainment
center, modern light fixtures and walls of windows offering water
views. Spacious kitchen with Granite counter tops, abundance of
cabinets, and stainless appliances. 2 bedrooms with 1.5 bathrooms
on 1st floor. Bonus room and primary bedroom on 2nd floor.
Exterior painted, Dock and stairs rebuilt in 2018. New A/C
2021. The home conveys furnished. Boat and Golf Cart sold
separately. Social membership to Galveston Country Club is included
with purchase.
Unit Size
2,044 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$465
Property Type
House
Property Taxes
$1,280
HOA Dues
$63
Year Built
2005
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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: 5 months ago (HAR #81262952)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Walzel Properties | $1,175,000 | |
| Listed by Walzel Properties | |||
| | |||
|
This gorgeous canal front home with beautiful views around encourages outdoor living at its finest! Enjoy the outdoors on over 1000 square feet of deck space as well as the views from your private pool overlooking the canal. There is still plenty of yard space as well on this large lot! The outdoor entertaining area includes a bar area with a sink and gas grill, entertaining space as well as a tv, shower and a half bathroom. The boat house includes a boat lift. The interior of the home features an open layout with the family room, kitchen and dining area all connected. There are 2 bedrooms on the main floor with a full bath as well as a half bath. Upstairs includes a bonus space (currently has bunk beds and a couch) as well as Master suite complete with walk in closet and attached bathroom with a private deck! This home is being offered furnished, with exclusions. Please see exclusion list.
| |||
| May 20, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Beth Wolff, REALTORS | $1,040,000 | |
| Listed by Beth Wolff, REALTORS | |||
| | |||
|
Laffittes Cove canal front 3+ bed, 2 bath & 2 half bath home with amazing indoor and outdoor spaces and covered boat dock with lift! The kitchen, dining, and family room flow seamlessly together and feature French Doors out to the large covered deck & wrap-around porch overlooking the canal with views of the Gulf. Two large bedrooms, one full bath, one-half bath, and a utility room round out the first floor. The second floor features a large loft for a game room/study or additional living/sleeping space. The primary bedroom with an ensuite bath is also on the second floor with a large balcony overlooking the canal and Gulf of Mexico. The pool is located just off the covered 1000+ square foot outdoor living space. Features include one car garage with half bath & workshop, outdoor shower, summer kitchen, and fenced yard. Offered furnished with Refrigerator, Washer, Dryer, wine fridge and so much more! See listing agent for a few small exclusions.
| |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
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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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About Pirates Cove
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Listed by: Kelly Kelley, RE/MAX Leading Edge
Last Updated: 5 months ago
Data Source: HAR , MLS# 81262952
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Last Updated: 5 months ago
Data Source: HAR , MLS# 81262952
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