LOTS 12,36,37+ 12th Street
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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 9, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Gulf Coast, Realtors | $140,000 | |
| Listed by Gulf Coast, Realtors | |||
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3 1/2 unrestricted Lots with amazing Dickinson Bay Views! Total dimensions are 62.5x134 on 12th Street and a connecting 25x134 lot on 13th Street. Total of 9 1/2 lots are available for purchase call for details! Amazing southerly breezes in the summer and calm shores in the winter! Low 2.26% Tax Rate and No HOA! San Leon is a golf cart community with seasonal parades, the most gorgeous sunsets, bird watching and good fishing all year round. Minutes from April Fool Point boat launch, Pier 6 and the famous Gilhooley's restaurant. Short drive to Kemah, Space Center, Galveston and Houston.
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About San Leon
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Last Updated: 5 months ago
Data Source: HAR , MLS# 31482346
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017