$875,000 Last Listed Price
●
House -
Off Market
4111 Silver Reef
Galveston, TX 77554
4 Beds
3 Baths
2,326 Ft²
$876,467
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Awesome opportunity to own in the well sought out Pirate's Beach!
The home is 10 houses away from the entrance to a private beach for
residents only, & one of few w/ an indoor elevator! Outside has
ample parking w/ an enclosed one car garage. The backyard is fenced
for privacy & the balcony gives tons of space to enjoy the gulf
view & sunsets. Inside is open concept & boasts a gourmet kitchen
w/ a large eating island, 42" cabinets, & stainless steel
appliances, & the utility room is conveniently adjacent to the
kitchen. Beautiful built-ins accent the living room, which opens to
the spacious dining room & kitchen. High ceilings, crown moulding,
& tons of windows throughout! Upstairs includes a guest bedroom,
full bath, & the primary bedroom, which features a high ceiling w/
a lighted tray ceiling, a private balcony, & ensuite w/ large
walk-in shower, & separate makeup counter. The other bedrooms are
spacious w/ a Jack & Jill bath. Don't miss an opportunity to own in
the Texas Riviera!
Unit Size
2,326 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$376
Property Type
House
Property Taxes
$1,289
HOA Dues
$33
Year Built
2001
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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 #73916451)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Keller Williams Metropolitan | $875,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Awesome opportunity to own in the well sought out Pirate's Beach! The home is 10 houses away from the entrance to a private beach for residents only, & one of few w/ an indoor elevator! Outside has ample parking w/ an enclosed one car garage. The backyard is fenced for privacy & the balcony gives tons of space to enjoy the gulf view & sunsets. Inside is open concept & boasts a gourmet kitchen w/ a large eating island, 42" cabinets, & stainless steel appliances, & the utility room is conveniently adjacent to the kitchen. Beautiful built-ins accent the living room, which opens to the spacious dining room & kitchen. High ceilings, crown moulding, & tons of windows throughout! Upstairs includes a guest bedroom, full bath, & the primary bedroom, which features a high ceiling w/ a lighted tray ceiling, a private balcony, & ensuite w/ large walk-in shower, & separate makeup counter. The other bedrooms are spacious w/ a Jack & Jill bath. Don't miss an opportunity to own in the Texas Riviera!
| |||
Property Highlights
Elevator
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Pirates Beach
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Currently no similar homes aroundNearby Rentals
Listed by: Sandra Marconi, Keller Williams Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 73916451
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Last Updated: 4 months ago
Data Source: HAR , MLS# 73916451
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