$508,000 Last Listed Price
●
House -
Off Market
16518 John Silver Road
Jamaica Beach, TX 77554
3 Beds
2 Baths
1,314 Ft²
$525,228
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Great new listing in Jamaica Beach! This 2014 built home features 3
bedrooms, 2 baths on a large 8,000+ sq ft lot. Enjoy the prevailing
gulf breezes from the 300+ sq ft covered deck, with additional
breezeway decks on the west and east side of home. The kitchen,
with large breakfast/serving counter, is open to the living and
dining area and this arrangement is ideal for family and friends' gatherings and coastal life enjoyment. The living room features
sloped ceilings, and plenty of windows to take in the surrounding
views of the state park. Easy care vinyl plank flooring used
throughout home. The home is in great condition, both insides and
out, and ready for your immediate use or to be placed in a vacation
rental program. Short golf cart ride to the beach or municipal
park, city pool or boat basin. Home is being offered furnished.
Unit Size
1,314 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$387
Property Type
House
Property Taxes
$491
HOA Dues
$1
Year Built
2014
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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 #95438943)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Jul 7, 2022 | Listed by Sand N Sea Properties, LLC | $508,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| | |||
|
Great new listing in Jamaica Beach! This 2014 built home features 3 bedrooms, 2 baths on a large 8,000+ sq ft lot. Enjoy the prevailing gulf breezes from the 300+ sq ft covered deck, with additional breezeway decks on the west and east side of home. The kitchen, with large breakfast/serving counter, is open to the living and dining area and this arrangement is ideal for family and friends’ gatherings and coastal life enjoyment. The living room features sloped ceilings, and plenty of windows to take in the surrounding views of the state park. Easy care vinyl plank flooring used throughout home. The home is in great condition, both insides and out, and ready for your immediate use or to be placed in a vacation rental program. Short golf cart ride to the beach or municipal park, city pool or boat basin. Home is being offered furnished.
| |||
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Jan 6, 2021 | Listed by Galveston Island Real Estate | $385,000 | |
| Listed by Galveston Island Real Estate | |||
| | |||
|
Beach home in sought after JAMAICA BEACH, walk in to a large living, kitchen, dining area with utility room tucked behind kitchen. Down the hall you will find two bedroom and a bath and at the end is master bed and bath. From the covered porch you will have a great view of the state park and fantastic sun rises. Take your golf cart and you are moments away from the beach, the community pool and play ground. Jamaica Beach has a fantastic fire and police department.
| |||
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 Jamaica Beach
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Listed by: Peter Van Borssum, Sand N Sea Properties, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 95438943
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Last Updated: 5 months ago
Data Source: HAR , MLS# 95438943
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