$385,000 Last Listed Price
●
House -
Off Market
2015 Heards Lane Circle
Galveston, TX 77551
3 Beds
2 Baths
1,690 Ft²
$406,291
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Remarkable split level home on a quiet cul de sac conveniently
located close to 61st St, Moody Gardens, and Offat's Bayou. This
home sits on a huge lot with lots of yard space, a circle drive in
the front and private driveway access in the rear. Recently updated
kitchen with stylish quartz countertops, a large central island,
and stainless steel appliances. Spacious living room for your
sectional and entertainment set. Upstairs primary with ensuite
bathroom and private deck to enjoy your morning coffee. Downstairs
the garage has been converted into a garage apartment or guest
suite with its own bathroom and kitchenette. This could provide
additional rental income or a great place for the in laws to stay.
It could also be converted back into garage space.
Unit Size
1,690 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$228
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1983
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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: 6 months ago (HAR #92655091)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by Coldwell Banker TGRE | $385,000 | |
| Listed by Coldwell Banker TGRE | |||
| | |||
|
Remarkable split level home on a quiet cul de sac conveniently located close to 61st St, Moody Gardens, and Offat's Bayou. This home sits on a huge lot with lots of yard space, a circle drive in the front and private driveway access in the rear. Recently updated kitchen with stylish quartz countertops, a large central island, and stainless steel appliances. Spacious living room for your sectional and entertainment set. Upstairs primary with ensuite bathroom and private deck to enjoy your morning coffee. Downstairs the garage has been converted into a garage apartment or guest suite with its own bathroom and kitchenette. This could provide additional rental income or a great place for the in laws to stay. It could also be converted back into garage space.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Offatts Bayou
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Listed by: Brian Kuhn, Coldwell Banker TGRE
Last Updated: 6 months ago
Data Source: HAR , MLS# 92655091
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Last Updated: 6 months ago
Data Source: HAR , MLS# 92655091
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