$825,000 Last Listed Price
●
House -
Off Market
4007 Shallow Reef
Galveston, TX 77554
3 Beds
2 Baths,
1
Half Bath
1,440 Ft²
$5,084
Est. Monthly
$34
HOA / Fees
About This Property
Coastal treasure nestled in Galveston's Pirates Beach neighborhood!
Anchored just a short stroll from the beach, this captivating home
offers a bounty of delights for those seeking the perfect blend of
coastal charm and modern comfort. Built in 2016, this 3 bedroom,
2.5 bathroom abode boasts a private heated pool and a convenient
lift off of the upstairs balcony. You are sure to enjoy the
open floor plan, where coastal-inspired decor and ample natural
light create an inviting atmosphere perfect for gathering with
family and friends. The adjacent dining area provides the ideal
setting for enjoying meals prepared in the fully-equipped kitchen,
complete with stainless steel appliances and granite countertops.
Downstairs you will delight in your own private oasis, where
a sparkling heated pool with spa awaits amidst a lush tropical
landscape. The covered patio is the perfect spot for entertaining,
grilling, and al fresco dining. See the oversized garage!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$573
Property Type
House
Property Taxes
$999
HOA Dues
$34
Year Built
2016
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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 #94303235)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Compass RE Texas, LLC - Houston | $825,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Coastal treasure nestled in Galveston’s Pirates Beach neighborhood! Anchored just a short stroll from the beach, this captivating home offers a bounty of delights for those seeking the perfect blend of coastal charm and modern comfort. Built in 2016, this 3 bedroom, 2.5 bathroom abode boasts a private heated pool and a convenient lift off of the upstairs balcony. You are sure to enjoy the open floor plan, where coastal-inspired decor and ample natural light create an inviting atmosphere perfect for gathering with family and friends. The adjacent dining area provides the ideal setting for enjoying meals prepared in the fully-equipped kitchen, complete with stainless steel appliances and granite countertops. Downstairs you will delight in your own private oasis, where a sparkling heated pool with spa awaits amidst a lush tropical landscape. The covered patio is the perfect spot for entertaining, grilling, and al fresco dining. See the oversized garage!
| |||
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Inside Galveston | $765,000 | |
| Listed by Inside Galveston | |||
| | |||
|
Like new high quality gorgeous custom home with fantastic outdoor entertaining area featuring inground pool and spa located just a couple blocks from the beach! Ground level also has a full bath with outdoor shower, perfect for a quick rinse after the beach. Incredible garage storage with built in cabinetry plus workshop area. Kitchen is beautiful and open to the dining and living room, featuring a large island with plenty of storage, walk in pantry, gas range, under & above cabinet lighting, pendant lighting and plenty of natural light flowing through the space. Home has vaulted ceilings and gorgeous coretec wood floors, both stylish and durable. Primary bedroom has ensuite bath with double sinks. Double sinks in secondary bath as well. Security cameras and outdoor TV stay with the property. Home also features a lift off the balcony to help bring groceries/luggage easily up to main living floor. Call for your private tour today and start living the island life!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Pirates Beach
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Listed by: Kristi Buehring, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 94303235
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94303235
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