16724 Edward Teach
About This Property
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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 |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Sand N Sea Properties, LLC | $519,500 | |
| Listed by Sand N Sea Properties, LLC | |||
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3 bedroom / 2 bath home close to the beach with horizon views of the Gulf and West Galveston Bay. Large primary suite on 2nd level which includes space for an office/studio/or additional sleeping + a private covered balcony. Two bedrooms + one bath on 1st level with a spacious living room. Pull out drawers in all kitchen cabinets & pantry for easy access & storage, granite counter tops, laminate floor throughout except carpeted staircase. Home has an exterior cargo lift + a chair lift on the interior staircase (easily removed if not wanted). Rolling shutters (electric & manual) over all windows & doors. Single car garage with large driveway for plenty of off-street parking space available. Large corner lot. All appliances included. Come enjoy all that Jamaica Beach has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017