29 Half Moon
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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | No longer available | - | |
| No longer available | |||
| Oct 30, 2024 | Listed by XL Legacy International | $349,000 | |
| Listed by XL Legacy International | |||
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PRIME BAYFRONT CUL-DE-SAC LOCATION with unobstructed views of West Galveston Bay! Situated on Harborwalk’s South Channel, this homesite gives added protection from the elements. Featuring instant access to the ICW and West Galveston Bay, the minimum sq ft to build is 2800 and allows for a double 30' wide boathouse. Large homesite with 218' of waterfront ready to build your coastal retreat. Homesites (25 Half Moon lot 10 & 27 Half Moon lot 9) next door are also available and owned by the same owner, this is an excellent opportunity to purchase separately or together. Harborwalk is an exclusive gated waterfront community with a full-service marina & Yacht Club, ship's store, boat ramp, swim center & Flamingo Bar, hike & bike trails & a seven bedroom Lodge & Event Center. Community events year round and the very best neighbors!...42 miles from downtown Houston, 28 miles to the Beltway and minutes to Galveston Island. West Galveston Bay's premier waterfront community.
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| Aug 6, 2024 | Price Decreased |
$349,000
↓ $40K
(10.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017