$899,995 Last Listed Price
●
House -
Off Market
307 Galleon Drive
Freeport, TX 77541
3 Beds
3 Baths,
1
Half Bath
2,200 Ft²
$930,516
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Completely updated canal front home with 2 covered boat slips and
approximately 800 square feet of deck, patio and boat launch areas.
Amazing upper deck views of the canal and bay. The canal in front
of the house is just a few houses away to the open bay which lends
itself to great family boating and fishing. The house comes
completely furnished including all appliances, artwork, TV's and
most linens. Oven, dishwasher and microwave were just replaced, and
sale includes the washer and dryer. Electronic shutters on all
windows with recently installed roof and septic system. The
community allows short term rentals so great for the owner who
wants to enjoy family time while offsetting carrying costs via
potential rental income when the family is not there. Property
easily sleeps 11. Move in ready!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$409
Property Type
House
Property Taxes
$1,135
HOA Dues
$13
Year Built
1999
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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: 4 months ago (HAR #2734550)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed by Realty Associates | $899,995 | |
| Listed by Realty Associates | |||
| | |||
|
Completely updated canal front home with 2 covered boat slips and approximately 800 square feet of deck, patio and boat launch areas. Amazing upper deck views of the canal and bay. The canal in front of the house is just a few houses away to the open bay which lends itself to great family boating and fishing. The house comes completely furnished including all appliances, artwork, TV's and most linens. Oven, dishwasher and microwave were just replaced, and sale includes the washer and dryer. Electronic shutters on all windows with recently installed roof and septic system. The community allows short term rentals so great for the owner who wants to enjoy family time while offsetting carrying costs via potential rental income when the family is not there. Property easily sleeps 11. Move in ready!
| |||
| Aug 7, 2020 | Sold | ||
| Sold | |||
| May 17, 2020 | Listed by Bluewater Realty | $679,000 | |
| Listed by Bluewater Realty | |||
| | |||
|
Great Location!! Very well maintained and updated 3/3 home on the canal in Treasure Island with an extra canal lot. Open concept flip flop design with views in every direction, . Two living areas, master 2nd level, updated kitchen, flooring, newer a/c , concrete capped bulkhead, two inward slips, replaced mechanical on boat lifts in 2018, boat bumpers, garage, storm shutters, composite decking and rails, LED outside lights 2020, punch code locks 2020, entertaining area under, ex lg deck, upper level deck, dumb waiter, outdoor shower and more. There's enough room to spread out for a large gathering of family and friends. Mostly furnished and ready for you to come join us in time for the annual fishing tournament.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
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About Brazoria
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Listed by: John Kelley, Realty Associates
Last Updated: 4 months ago
Data Source: HAR , MLS# 2734550
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Last Updated: 4 months ago
Data Source: HAR , MLS# 2734550
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