181 Calumet Drive
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Apr 28, 2024 | In contract | - | |
| In contract | |||
| Feb 17, 2024 | Listed by RE/MAX Professionals | $365,000 | |
| Listed by RE/MAX Professionals | |||
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Welcome to 181 Calumet Drive in the gated community of Cape Carancahua. This stunning property spans 0.55 acres across 3 premium lots, and is offered as furnished with appliances. Admire breathtaking south Texas sunsets and bay views from your western facing covered patio. The 4-bed, 3-bath home features an open concept floor plan, with one bedroom and bathroom on the ground floor, alongside laundry and utility spaces. Recent upgrades include new cabinet facings, quartz counters, and bathrooms. A new Quonset Hut Metal building, workshop, and extra parking make this property versatile. Experience the convenience of nearby shopping, groceries, and public beaches in Palacios or Port Lavaca, just minutes away. Cape Carancahua amenities include 2 lighted fishing piers, a boat ramp, playground, community center, tennis courts, nature parks, and 2 swimming pools. Don't miss the chance to embrace coastal living in this private haven with endless possibilities!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017