23
Map
2218 Regatta Lane
About This Property
This residence features a functional layout highlighted by an updated kitchen equipped with granite countertops and a sleek appliance package featuring both stainless steel and black finishes. The interior offers a comfortable living environment with a dedicated primary bathroom, while the exterior boasts a fully fenced-in backyard, providing a private outdoor space for entertaining or relaxation.
Ideally situated, this home offers convenient access to local attractions such as Lago Mar and Lagoonfest Texas. The location is a standout for commuters and shoppers alike, located near I-45 and the Tanger Outlets, providing easy proximity to a variety of shopping and dining options at Baybrook Mall, as well as the coastal excitement of Kemah and Galveston!
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Cap Rate Calculator
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 13, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Price Decreased |
$239,900
↓ $3K
(1.1%) | |
| Price Decreased | |||
| May 16, 2026 | Price Decreased |
$242,500
↓ $7K
(3%) | |
| Price Decreased | |||
| Apr 21, 2026 | Listed by Entera Realty LLC | $249,900 | |
| Listed by Entera Realty LLC | |||
Property Highlights
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Price/ft²
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About Texas City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017