$259,900 Last Listed Price
●
House -
Off Market
407 Leeward Ln
Freeport, TX 77541
2 Beds
2 Baths
1,440 Ft²
$323,179
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Welcome to Your Piece of PARADISE! Where Oyster Creek, Turtle Cove
and Intercoastal Waterway come together to offer you ENDLESS hours
of Serene Fishing, Crabbing, Boating or Just Sunning on The 660 Sq.
Ft. Wood Deck that oversees the widest area of THE WATERWAY. The
Home has 1440 Sq. ft. of Livable Space. Complete Renovations,
Recent Exterior and Interior Paint, 390 Sq. Ft. ENCLOSED CONCRETE
PATIO, Upper level will host TWO Bedrooms, ONE full BATHROOM Upper
and Lower Level. Each Level is 720 sq. ft. There is also a 575 sq.
ft. Medium BOAT DOCK, .75 BOAT LIFT, Bulk Head Medium Duty, a 180
sq. ft. OPEN PORCH. So, if you've ever dreamed of Owning your OWN
PIECE OF PARADISE that offers Sitting Benches around waterway and
FIREPIT that will offer Warmth. Smores and a COZY Spot. CALL ME!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #78123398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Mega Realty | $259,900 | |
| Listed by Mega Realty | |||
| | |||
|
Welcome to Your Piece of PARADISE! Where Oyster Creek, Turtle Cove and Intercoastal Waterway come together to offer you ENDLESS hours of Serene Fishing, Crabbing, Boating or Just Sunning on The 660 Sq. Ft. Wood Deck that oversees the widest area of THE WATERWAY. The Home has 1440 Sq. ft. of Livable Space. Complete Renovations, Recent Exterior and Interior Paint, 390 Sq. Ft. ENCLOSED CONCRETE PATIO, Upper level will host TWO Bedrooms, ONE full BATHROOM Upper and Lower Level. Each Level is 720 sq. ft. There is also a 575 sq. ft. Medium BOAT DOCK, .75 BOAT LIFT, Bulk Head Medium Duty, a 180 sq. ft. OPEN PORCH. So, if you've ever dreamed of Owning your OWN PIECE OF PARADISE that offers Sitting Benches around waterway and FIREPIT that will offer Warmth. Smores and a COZY Spot. CALL ME!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Brazoria
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Listed by: Noeme Arceneaux, Mega Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 78123398
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Last Updated: 5 months ago
Data Source: HAR , MLS# 78123398
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