45
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16618 Bermuda Way
About This Property
Inside, you'll find a bright, updated interior with stainless steel appliances, quartz countertops, oak cabinets, and durable vinyl plank flooring. Recent upgrades include Hardie Plank siding, improved insulation, and energy-efficient windows.
The breezy patio,outdoor shower and spacious front and backyard are great for outdoor fun. Downstairs features a storage/workshop area and a private boat slip just steps from the back door.
Located in the desirable Jamaica Beach community, you'll enjoy access to a community pool, playground, boat launch, hardware store, local restaurants, and dedicated police, fire, and EMS services. With easy access to both Galveston Bay and the beach.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by Galveston Island Real Estate | $3,200 | |
| Listed by Galveston Island Real Estate | |||
| Jul 7, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by Shanni Lo | $412,000 | |
| Listed by Shanni Lo | |||
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Welcome to this canal home in Jamaica Beach on the west end of Galveston.Relax on the patio, enjoying beautiful sunset views,or fish right the backyard.Recently remodeled,features ss appliances,Hardie Plank siding,upgraded insulation,energy-efficient windows.Inside,you’ll find durable vinyl plank flooring,sea glass quartz countertops,and oak cabinetry in the kitchen.The breezeway patio provide ample outdoor space,along with a convenient outdoor shower,perfect for rinsing off after a day at the beach.Spacious front/back yards offer plenty of room to add a pool.Downstairs includes a storage/workshop,a private boat slip right out back.Located in Jamaica Beach,a community with its own police,fire,and EMS, residents enjoy access to a community pool, playground, boat launch, hardware store, and local restaurants.With easy access to both Galveston Bay and the beach,this property is ideal as a primary/vacation home, or investment.Currently operating as a highly rated short-term rental.
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| Jul 22, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017