3418 Miramar Drive
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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 |
|---|---|---|---|
| Oct 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 11, 2025 | Listed by 5th Stream Realty | $765,000 | |
| Listed by 5th Stream Realty | |||
| | |||
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This one-of-a-kind home is perfect for everyday living as well as weekend and vacation getaways. With 5-6 bedrooms, a combined living/kitchen space, and additional entertainment spaces spread amongst the 3.5 stories you will have ample space to relax and spend time with family and friends. The breathtaking views of Galveston Bay can be enjoyed both indoor and outdoor from the beautiful decks. This home also features large first floor patio/entertaining space and plenty of parking with a multi-car garage and two driveways with space to park large items such as a boat or RV. Close proximity to the Kemah boardwalk provides great entertainment for all ages, and the home has a strong rental history for those interested in an investment property. Schedule your showing today!
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| Feb 8, 2025 | Listed | $765,000 | |
| Listed | |||
| | |||
|
This one-of-a-kind home is perfect for everyday living as well as weekend and vacation getaways. With 5-6 bedrooms, a combined living/kitchen space, and additional entertainment spaces spread amongst the 3.5 stories you will have ample space to relax and spend time with family and friends. The breathtaking views of Galveston Bay can be enjoyed both indoor and outdoor from the beautiful decks. This home also features large first floor patio/entertaining space and plenty of parking with a multi-car garage and two driveways with space to park large items such as a boat or RV. Close proximity to the Kemah boardwalk provides great entertainment for all ages, and the home has a strong rental history for those interested in an investment property. Schedule your showing today!
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| Feb 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 4, 2024 | Price Decreased |
$765,000
↓ $50K
(6.1%) | |
| Price Decreased | |||
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About Shoreacres
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Last Updated: 6 months ago
Data Source: HAR , MLS# 73962112
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