$2,295,000 Last Listed Price
●
House -
Off Market
202 Catamaran Drive
Tiki Island, TX 77554
5 Beds
4 Baths,
1
Half Bath
6,564 Ft²
$2,372,829
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
The crown jewel of Tiki Island! Situated on the point lot of Tiki
lake, no expense was spared in the renovation of this amazing home.
There are three boathouses, over 2400 sq ft of decking,
approximately 224 linear feet of bulkhead, room for a resort-style
pool, and unobstructed views of Galveston Bay. Designer
finishes and decor, an elevator, a gourmet kitchen with an enormous
pantry, a game room with panoramic views, and a wet bar.
There are over sixty windows in this home to showcase the
stunning views. This home was built for entertaining inside
and out. Enjoy the bay breezes, spectacular sunsets, occasional
boat parades, and fishing under the lights at night. This
home has it all. Call today to schedule a private tour.
Unit Size
6,564 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$350
Property Type
House
Property Taxes
$2,965
HOA Dues
$13
Year Built
1996
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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: 4 months ago (HAR #70593775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by Coldwell Banker Realty | $2,295,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
The crown jewel of Tiki Island! Situated on the point lot of Tiki lake, no expense was spared in the renovation of this amazing home. There are three boathouses, over 2400 sq ft of decking, approximately 224 linear feet of bulkhead, room for a resort-style pool, and unobstructed views of Galveston Bay. Designer finishes and decor, an elevator, a gourmet kitchen with an enormous pantry, a game room with panoramic views, and a wet bar. There are over sixty windows in this home to showcase the stunning views. This home was built for entertaining inside and out. Enjoy the bay breezes, spectacular sunsets, occasional boat parades, and fishing under the lights at night. This home has it all. Call today to schedule a private tour.
| |||
Property Highlights
Elevator
Garage
With View
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 Tiki Island
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacqueline Booth, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 70593775
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Last Updated: 4 months ago
Data Source: HAR , MLS# 70593775
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