$485,000 Last Listed Price
●
House -
Off Market
22911 Lunes
Galveston, TX 77554
4 Beds
5 Baths,
1
Half Bath
2,560 Ft²
$700,162
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
Large canal front home boasts four bedroom suites plus half bath
available for guests! Extra large kitchen and dining area can
accommodate many guests. Master bedroom, kitchen, dining room and
living room are all on the main living level plus access to large
deck over canal from living area. Upstairs has three bedroom
suites, one with a balcony to enjoy the view. New (09/2018)
laminate flooring in all bedrooms. Downstairs provides plenty
of covered outdoor entertaining space, an enclosed entry and an
oversized garage with plenty of room for a car and golf cart.
A boat house large enough for a pontoon boat as well as two
jet skis tempt the owner to enjoy many water sports.
Furnishings and golf cart remain. As of March 2019 a
new bulkhead has been installed costing upwards of $34000.00.
Sod has also been replaced. Come enjoy this lovely
canal home.
Unit Size
2,560 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$189
Property Type
House
Property Taxes
$1,290
HOA Dues
$21
Year Built
2008
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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: 3 years ago (HAR #94678034)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
| Feb 21, 2020 | Sold | ||
| Sold | |||
| Nov 24, 2019 | Listed | $485,000 | |
| Listed | |||
| | |||
|
Large canal front home boasts four bedroom suites plus half bath available for guests! Extra large kitchen and dining area can accommodate many guests. Master bedroom, kitchen, dining room and living room are all on the main living level plus access to large deck over canal from living area. Upstairs has three bedroom suites, one with a balcony to enjoy the view. New (09/2018) laminate flooring in all bedrooms. Downstairs provides plenty of covered outdoor entertaining space, an enclosed entry and an oversized garage with plenty of room for a car and golf cart. A boat house large enough for a pontoon boat as well as two jet skis tempt the owner to enjoy many water sports. Furnishings and golf cart remain. As of March 2019 a new bulkhead has been installed costing upwards of $34000.00. Sod has also been replaced. Come enjoy this lovely can The manager has listed the unit size as 2560 square feet.
| |||
| Sep 16, 2018 | Listed by Sand N Sea Properties, LLC | $485,000 | |
| Listed by Sand N Sea Properties, LLC | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Terramar
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Listed by: Cynthia Eilers, Sand N Sea Properties, LLC
Last Updated: 3 years ago
Data Source: HAR , MLS# 94678034
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Last Updated: 3 years ago
Data Source: HAR , MLS# 94678034
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