$199,500 Last Listed Price
●
House -
Off Market
309 & 311 Fort Velasco Drive
Surfside Beach, TX 77541
2 Beds
2 Baths
1,080 Ft²
$248,073
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$185
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
-
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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: 5 months ago (HAR #95403427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Realm Real Estate Professionals - Katy | $265,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| | |||
|
Discover Surfside Beach's charm with this unique duplex! Located in the heart of Surfside Beach, Texas, this versatile property offers exciting possibilities. You can use one unit for yourself and rent out the other, or rent both for maximum income. Unit 311 is a spacious 540 sqft studio accommodating up to 6 guests, featuring a well-equipped kitchen, cozy family room, and sleeping space for 6. Unit 309 offers the same size and layout, perfect for 6 guests with modern amenities. Outdoor features include a shower, patio, and storage areas. Duplex is just 5 min walking distance to the beach!
| |||
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2023 | Listed by Carter Signature Properties | $249,900 | |
| Listed by Carter Signature Properties | |||
| | |||
|
Experience the charm of Surfside Beach with this unique duplex property! Located in the heart of Surfside Beach, Texas, this versatile duplex offers an exciting opportunity. You can use one unit as your vacation retreat while renting out the other, or maximize your rental income by leasing both units. Unit 311 boasts a spacious 540 sqft with a studio layout. It comfortably accommodates up to 6 guests and includes a well-equipped kitchen, a cozy family room, and sleeping space for 6, featuring a queen bed, queen sofa bed, and twin bunk beds. A full bathroom completes this unit. Meanwhile, Unit 309 offers the same 540 sqft of stylish space with a studio layout. It's perfect for hosting up to 6 guests and features a modern kitchen, a welcoming family room, and sleeping arrangements for 6, including a queen bed, queen sofa bed, and full Murphy bed. The outdoor features outdoor shower, a relaxing patio, and a designated eating area and two spacious storage areas. Sold Furnished
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About Surfside Beach
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Listed by: Deborah Coffey, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 95403427
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Last Updated: 5 months ago
Data Source: HAR , MLS# 95403427
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