$405,000 Last Listed Price
●
House -
Off Market
3818 Mitote
Galveston, TX 77554
3 Beds
2 Baths
1,545 Ft²
$473,868
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
New construction to be ready in time for Summer. June 1st is the
estimated completion date. Spectacular Bay views! Double crown high
ceilings. Large living room open to the kitchen. This home has both
covered and open deck areas for an entertainers delight. The
kitchen will have white glazed cabinets and granite counter-tops.
Three bedrooms, two full baths. Owners retreat has an enormous
jetted tub and doors leading to a private deck. Double pane low E
windows and doors with customized and labeled window protectors.
There is plenty of additional parking on slab under the home for
boats, jet ski's, visitors, and even a small R.V. may fit. There is
wiring in place for an elevator. Separate shower on slab near the
garage. All pictures are from an identical floor plan and will have
the same colors/finishes unless a buyer is under contract and would
like to customize. Come check this beach house out today!
Unit Size
1,545 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
$33
Year Built
2021
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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 #91818957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2023 | Listed by Sand N Sea Properties, LLC | $614,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| | |||
|
Stunning coastal 3 bedroom 2 bath home on just under an acre of land in Indian Beach with an expansive deck to enjoy the beautiful west end sunsets and views of the bay. Features included in this open concept home is the shiplap walls and build in benches in the dining room area along with double crown molding throughout the home. Kitchen has white glazed cabinets with quartz countertops and stainless steel appliances. The owners retreat has a jetted tub, separate shower, and double vanity as well as a private deck. The cargo lift is a bonus for any beach house. Neighborhood amenities include a private fishing pier, pool, & tennis court along with a short golf cart ride to the beach. This home is ready for your immediate enjoyment.
| |||
| Jan 28, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by RE/MAX Leading Edge | $550,000 | |
| Listed by RE/MAX Leading Edge | |||
| | |||
|
Recently constructed June of 2021. Talk about privacy, this stunning Three bedroom Two-bathroom home in Indian Beach sits on just under an acre of land with fantastic views of West Galveston Bay. Large living room open to kitchen, featuring double crown high ceilings and extended counters. Kitchen has white glazed cabinets with quartz counter tops and stainless-steel appliances. The owners retreat has a large tub, shower, and double vanity, as well as a private deck! This coastal home conveys furnished with a few exclusions and is ready for your immediate enjoyment. Neighborhood amenities include a private fishing pier, a pool, and tennis courts.
| |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Feb 16, 2021 | Listed by RE/MAX Associates Northeast | $405,000 | |
| Listed by RE/MAX Associates Northeast | |||
| | |||
|
New construction to be ready in time for Summer. June 1st is the estimated completion date. Spectacular Bay views! Double crown high ceilings. Large living room open to the kitchen. This home has both covered and open deck areas for an entertainers delight. The kitchen will have white glazed cabinets and granite counter-tops. Three bedrooms, two full baths. Owners retreat has an enormous jetted tub and doors leading to a private deck. Double pane low E windows and doors with customized and labeled window protectors. There is plenty of additional parking on slab under the home for boats, jet ski's, visitors, and even a small R.V. may fit. There is wiring in place for an elevator. Separate shower on slab near the garage. All pictures are from an identical floor plan and will have the same colors/finishes unless a buyer is under contract and would like to customize. Come check this beach house out today!
| |||
Property Highlights
Garage
With View
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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Listed On
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Closing Price
Sold On
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HOA + Taxes
About Indian Beach
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Listed by: Paula Porterfield, RE/MAX Associates Northeast
Last Updated: 4 months ago
Data Source: HAR , MLS# 91818957
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91818957
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