2521 Cliff Drive
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 5, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by 1st Texas, Realtors | $259,900 | |
| Listed by 1st Texas, Realtors | |||
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One of a kind A frame home tucked away in the cozy well established coastal San Leon water front community. This home boasts views from several windows in the home, enjoy those Galveston Bay breezes from your exterior front and back decks and an exterior elevator. The home also has a star gazing third level exterior deck at the front of the home off of the covered, front porch. Recent exterior and interior paint. Recent vinyl plank and carpet installed. Primary bathroom fully remodeled with tile flooring and floor to ceiling tile shower and recent hardware. Recently installed lighting throughout. Solar panels are owned. This home is surrounded by unique and charming real estate, not your cookie cutter neighborhood. Low tax rate, NO HOA fees. Easy access to the Texas City plants and Galveston island and Dickinson, Kemah, League City, medical, retail. This area is truly unique and provides a lifestyle of laid back living, not just another house.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017