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4 Shore Acres Circle
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by eXp Realty, LLC | $589,000 | |
| Listed by eXp Realty, LLC | |||
| Jul 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 12, 2026 | Price Decreased |
$570,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by Beycome Brokerage Realty, LLC | $585,000 | |
| Listed by Beycome Brokerage Realty, LLC | |||
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Beautiful Bay View House (3 bedroom, 1 office & 2 full baths) on the circle (by the pier) in Shoreacres, TX 77571. The house is approximately 150 yards from the Galveston Bay shoreline. The house was built in August 2022. The house is on a large 25,279 sq. ft. lot and has 1,975 sq, ft. of living area, 630 sq. ft. of deck facing the bay, 125 sq. ft. porch on the front porch There's also a 3,068 sq. ft. epoxy coated slab under the house which consists of a 536 sq. ft. garage, 228 sq. ft. storage room & 1,950 sq. ft. covered entertainment area. There is a 11" x 14" mechanical platform that has a 24 KW Generac Standby Generator that runs off of natural gas along with the AC compressor. The house is very energy efficient with spray on insulation in the roof rafters and between the floor joists under the house. Over the past 12 months the average monthly utility bills for all utilities was $298 per month. 2025 property taxes $4,000, TWIA insur $2,655, homeowner $900.
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About Shoreacres
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Currently no similar homes aroundNearby Rentals
$5,800 /mo
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- 4,654 ft²
$1,650 /mo
- 3 Beds
- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017