4138 Defender Lane
About This Property
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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 |
|---|---|---|---|
| Jul 23, 2025 | Listed | $899,900 | |
| Listed | |||
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Welcome to Galvestons West End featuring a five bedroom, three bath home with beachfront views in the Playa San Luis community. Walk out your door to the 1.5 mile long non-driving beach, fully maintained by the HOA. The home features an open floor plan, with living, dining and kitchen all blending seamlessly. Two bedrooms on the first floor & 3 bedrooms up, including in home laundry and a bonus loft style office area. The oversized deck is perfect for the gorgeous Galveston sunrises and listening to the waves in the evening. Premium finishes include custom woodwork, recessed LED lighting, window treatments, & stainless appliances. Upgrades include two new HVACs and new tile flooring installed in 2022, a full bathroom addition in 2023 and brand new first floor luxury vinyl plank in 2024. The Playa San Luis subdivision has a tunnel that allows you to access the bayside pool, and close to HWY 288 to avoid I-45 traffic. The home conveys fully furnished. No damage due to the recent storms!
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| May 14, 2025 | Price Decreased |
$950,000
↓ $49K
(4.9%) | |
| Price Decreased | |||
| Apr 26, 2025 | Listed | $999,000 | |
| Listed | |||
| | |||
|
Welcome to Galvestons West End featuring a five bedroom, three bath home with beachfront views in the Playa San Luis community. Walk out your door to the 1.5 mile long non-driving beach, fully maintained by the HOA. The home features an open floor plan, with living, dining and kitchen all blending seamlessly. Two bedrooms on the first floor & 3 bedrooms up, including in home laundry and a bonus loft style office area. The oversized deck is perfect for the gorgeous Galveston sunrises and listening to the waves in the evening. Premium finishes include custom woodwork, recessed LED lighting, window treatments, & stainless appliances. Upgrades include two new HVACs and new tile flooring installed in 2022, a full bathroom addition in 2023 and brand new first floor luxury vinyl plank in 2024. The Playa San Luis subdivision has a tunnel that allows you to access the bayside pool, and close to HWY 288 to avoid I-45 traffic. The home conveys fully furnished. No damage due to the recent storms!
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| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 8, 2024 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017