2009 Postoffice #4
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Coldwell Banker TGRE | $375,000 | |
| Listed by Coldwell Banker TGRE | |||
| |||
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The historic 1907 Robinson Building lofts are in the heart of the downtown entertainment district. This 3rd floor open-concept loft with exposed brick walls and high ceilings adds a touch of timeless character. The two generously sized bedrooms and beautifully appointed bathroom offer both comfort and style. The view from the front windows afford a great view of Galveston's iconic 1894 Opera Grand House. An additonal feature is the loft's outdoor space, provided by a spacious back deck off the kitchen. It provides a perfect area for your morning coffee and comes with a lovely view of St. Mary's Co-Cathedral. You are close and convenient to to all the Galveston entertainment and cultural scene has to offer. Parking can be independently arranged with the owner of the lot at the corner. Short Term rentals are allowed
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| Jan 11, 2025 | No longer available | - | |
| No longer available | |||
| Dec 23, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Corporate | $375,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Corporate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/23/2024
|
2 Bed
|
1 Bath
|
1091 ft²
|
$375,000
2 Bed
1 Bath
1091 ft²
|
-
-
|
Chaille Short
Better Homes and Gardens Real Estate Gary Greene - Corporate
| |
|
06/17/2024
|
2 Bed
|
1 Bath
|
1091 ft²
|
$375,000
2 Bed
1 Bath
1091 ft²
|
-
-
|
Gary Schero
Better Homes and Gardens Real Estate Gary Greene-Gary Greene-Galveston Intown
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017