9
Map
3 Summerland
About This Property
NORTH EAST facing lot with beautiful water views, instant intercoastal access.
Minimum to build is 2500 SF with no time lines!
Join this wonderful community today.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by Comiskey Realty | $146,466 | |
| Listed by Comiskey Realty | |||
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | No longer available | - | |
| No longer available | |||
| Feb 5, 2025 | Listed by XL Legacy International | $175,000 | |
| Listed by XL Legacy International | |||
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Summerland is a unique location offering excellent views and no neighbors across the street! It is a one sided East facing street with a single row of only six homesites which creates panoramic waterfront views for every property. Direct access to West Galveston Bay and accommodations to build a 30' boathouse in your backyard with 103' of waterfront! Minimum sq ft to build on this homesite is 2,500. Bring your own builder or we can provide you with a list of experienced waterfront builders. Harborwalk is a gated community on West Galveston Bay with amenities that include a seven bedroom Lodge, a full service marina & ship's store, Yacht Club with swim center & Flamingo Bar, boat ramp, fish cleaning station and so much more. 42 miles to downtown Houston, 12 miles to the Galveston Strand & 28 miles to the Beltway! Call Carrie for community access and information!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017