$140,000 Last Listed Price
●
Land -
Off Market
4017 Oleander Drive
Galveston, TX 77554
Studio
0 Bath
$144,167
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Ready to build that Beach house getaway on a 7000 square foot lot?
Come see this beachside lot in quiet Palm Beach subdivision on
Galveston's West End. Just a short walk or golf cart ride to the
beach. Limited restrictions and a low voluntary HOA.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$130
HOA Dues
-
Year Built
2022
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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: 5 months ago (HAR #66106793)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Nov 29, 2022 | Listed by Coldwell Banker TGRE | $610,000 | |
| Listed by Coldwell Banker TGRE | |||
| | |||
|
**BEACHSIDE NEW CONSTRUCTION HOME IN PALM BEACH** - Stunning 3 bedroom 3 bath 1,592 sq ft high-raised beachside home with oversized garage located short walk to the sand in the Palm Beach Beach neighborhood on Galveston's West End. Short Term Rentals Allowed. This beautiful 1 level home offers a large covered deck that looks south/east towards the Gulf. Spacious living and dining room that gets lots of light opens to an elegant kitchen with a large island, stainless appliance, quartz countertops and custom cabinets. Closets in every room. Vinyl plank flooring and storm windows and doors throughout the home. The Palm Beach neighborhood is centrally located between Pirates Beach and Pirates West neighborhoods. This beachside home is walking distance to the beach making it ideal location for short term rental, second home of full time living. Living Galveston... its a Lifestyle!
| |||
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by Sand N Sea Properties, LLC | $140,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| | |||
|
Ready to build that Beach house getaway on a 7000 square foot lot? Come see this beachside lot in quiet Palm Beach subdivision on Galveston’s West End. Just a short walk or golf cart ride to the beach. Limited restrictions and a low voluntary HOA.
| |||
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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About Pirates Beach
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Listed by: Kimberly Gaido, Sand N Sea Properties, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 66106793
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Last Updated: 5 months ago
Data Source: HAR , MLS# 66106793
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