4123 Nueces Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | No longer available | - | |
| No longer available | |||
| Sep 20, 2023 | Listed by GALVESTON ISLAND REAL ESTATE,LLC | $875,000 | |
| Listed by GALVESTON ISLAND REAL ESTATE,LLC | |||
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Experience the beauty of coastal living in the neighborhood of Sea Isle on the west end of Galveston Island. This home is located on a double canal-front lot with 100ft of water frontage. With breathtaking views down the canal to the bay, enjoy the gulf breeze sitting out by the saltwater pool. The property features a boat dock, lounging deck, outdoor kitchen area, fish cleaning station and much more for entertaining your guest. Walk through the front door into a open concept living, dining and kitchen area with study. Granite countertops throughout kitchen. This home features two bedrooms with two full baths and a study perfect for extra guests or a home office. The primary bedroom has an en-suite bathroom and walk in closet. Just a short golf cart ride to the beach or bay. Sea Isle amenities include a swimming pool, fishing pier, restaurant, sports courts, marina, stores, and park picnic area. The manager has listed the unit size as 1240 square feet.
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| Sep 1, 2023 | Listed by Galveston Island Real Estate | $875,000 | |
| Listed by Galveston Island Real Estate | |||
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Experience the beauty of coastal living in the neighborhood of Sea Isle on the west end of Galveston Island. This home is located on a double canal-front lot with 100 ft of water frontage. With breathtaking views down the canal to the bay, enjoy the gulf breeze sitting out by the saltwater pool. The property features a boat dock, lounging deck, outdoor kitchen area, fish cleaning station and much more for entertaining your guests. Walk through the front door into an open concept living, dining and kitchen area with study. Granite countertops throughout kitchen. This home features two bedrooms with two full baths and a study perfect for extra guests or a home office. The primary bedroom has an en-suite bathroom and walk in closet. Just a short golf cart ride to the beach or bay. Sea Isle amenities include a swimming pool, fishing pier, restaurant, sports courts, marina, stores, and park picnic area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017