$389,000 Last Listed Price
●
House -
Off Market
4002 5th Street
Galveston, TX 77554
2 Beds
3 Baths
2,013 Ft²
$389,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Nestled in the quiet Bay Harbor subdivision, this coastal cottage
offers a tranquil retreat with plenty of space for family and
friends. With two spacious bedrooms and a loft area that can easily
serve as a third bedroom or home office, this property has
everything you need for a comfortable stay. As soon as you step
inside, you'll be greeted by a warm and inviting open
living/dining/kitchen area that's perfect for entertaining. The
wood floors and ceiling create a cozy atmosphere, while the large
dining area is ideal for hosting large gatherings. This home is
perfect as a family residence or vacation rental. The wrap-around
deck offers stunning views of the scenic surroundings and is
perfect for hosting outdoor gatherings. Whether you're looking to
enjoy a peaceful evening under the stars or entertain guests with a
summertime grill-out, this property provides the perfect setting
for it all.
Unit Size
2,013 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$193
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1989
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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: 6 months ago (HAR #30892926)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by BHGRE Gary Greene | $389,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Nestled in the quiet Bay Harbor subdivision, this coastal cottage offers a tranquil retreat with plenty of space for family and friends. With two spacious bedrooms and a loft area that can easily serve as a third bedroom or home office, this property has everything you need for a comfortable stay. As soon as you step inside, you'll be greeted by a warm and inviting open living/dining/kitchen area that's perfect for entertaining. The wood floors and ceiling create a cozy atmosphere, while the large dining area is ideal for hosting large gatherings. This home is perfect as a family residence or vacation rental. The wrap-around deck offers stunning views of the scenic surroundings and is perfect for hosting outdoor gatherings. Whether you're looking to enjoy a peaceful evening under the stars or entertain guests with a summertime grill-out, this property provides the perfect setting for it all.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bay Harbor
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Currently no similar homes aroundNearby Rentals
Listed by: David Herrin, BHGRE Gary Greene
Last Updated: 6 months ago
Data Source: HAR , MLS# 30892926
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Last Updated: 6 months ago
Data Source: HAR , MLS# 30892926
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