22 Big Torch
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by XL Legacy International | $1,495,000 | |
| Listed by XL Legacy International | |||
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Completely refreshed and remodeled inside & out, this waterfront 4 bedroom 4.5 bath inspiration is situated on a premier street in West Galveston Bay's exclusive gated community - Harborwalk! Complete remodel of kitchen with new marble countertops, cabinetry, tile, ice-maker, range-hood & two beverage centers with coolers. Updated wallpaper, light fixtures, window treatments, mantle, freshly painted throughout interior & exterior. Every bathroom has been completely remodeled including new flooring, shower tile, plumbing & light fixtures, wallpaper, cabinets, & window treatments. The great room is impressive with ceilings that soar over 20' & windows that compliment all areas to capture the most vivid natural light. Spacious primary suite is located on the main level & three more bedrooms - all en suite are on the second level with a game/media room. Elevator, dual drives - 2.5 garages, boathouse & lift, lush landscaping & fountain. Option to purchase homesites on each side of the home!
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| Jun 24, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by XL Legacy International | $1,659,000 | |
| Listed by XL Legacy International | |||
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Welcome to "The Ibis Retreat" A fully custom, elegant home situated on THREE homesites & a private lagoon in the premier gated waterfront community of Harborwalk! 2006 Builder of the year exclusive featured home and voted one of West Bay's top running's. The Ibis is a mixture of breathtaking design & tradition with exceptional offerings: A great room that rises more than 20' with 6 large windows, encompassed with effortless entertainment space inside and out. Perfect for the largest or quaint gatherings. Gourmet kitchen features exquisite European full access cabinetry, w/ Cambian & black granite counters, a fully functional bar, two dishwasher drawers & office nook. The primary suite is a tranquil setting complete with a dual vanity bath, walk in shower and large tub. An open balcony looks over the great room and accesses 3 more bedrooms and a game room. Dockside living is complete with a boathouse, bocce-ball court & plenty of outdoor living space. Details in photo descriptions
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017