$399,000 Last Listed Price
●
House -
Off Market
4216 Oleander Drive
Galveston, TX 77554
2 Beds
2 Baths
825 Ft²
$421,065
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Multiple offers received. ENJOY BREATHTAKING VIEWS OF THE OCEAN in
this newly constructed beach getaway! You'll have plenty of room in
the master, with private balcony, along with an additional guest
bedroom, each with their own baths. The home features modern
finishes with a ship-lapped vaulted ceiling in the living room
right off the kitchen giving the home an open concept area that
lends itself perfectly to entertaining. To top it off, it features
a massive front balcony, large enough to host many guests for your
weekend gatherings/barbecues. The attic is configured so that it
could potentially be converted into a future loft space. This home
is compliant with modern storm rated building codes (Galveston),
FEMA elevation standards, and includes storm impact rated doors and
windows to keep your investment safe. Located near Pirates Beach &
close proximity to Seawall Blvd, shopping and restaurants.
Unit Size
825 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$484
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018
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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 #88626337)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Oct 16, 2022 | Listed by Laurie Dale | $399,000 | |
| Listed by Laurie Dale | |||
| | |||
|
Multiple offers received. ENJOY BREATHTAKING VIEWS OF THE OCEAN in this newly constructed beach getaway! You'll have plenty of room in the master, with private balcony, along with an additional guest bedroom, each with their own baths. The home features modern finishes with a ship-lapped vaulted ceiling in the living room right off the kitchen giving the home an open concept area that lends itself perfectly to entertaining. To top it off, it features a massive front balcony, large enough to host many guests for your weekend gatherings/barbecues. The attic is configured so that it could potentially be converted into a future loft space. This home is compliant with modern storm rated building codes (Galveston), FEMA elevation standards, and includes storm impact rated doors and windows to keep your investment safe. Located near Pirates Beach & close proximity to Seawall Blvd, shopping and restaurants.
| |||
| Jul 31, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | No longer available | - | |
| No longer available | |||
| May 7, 2020 | Listed by Keller Williams Realty | $349,129 | |
| Listed by Keller Williams Realty | |||
| | |||
|
ENJOY BREATHTAKING VIEWS OF THE OCEAN in this newly constructed beach getaway! You'll have plenty of room in the master, with private balcony, along with an additional guest bedroom, each with their own baths. The home features modern finishes with a ship-lapped vaulted ceiling in the living room right off the kitchen giving the home an open concept area that lends itself perfectly to entertaining. To top it off, it features a massive front balcony, large enough to host many guests for your weekend gatherings/barbecues. The attic is configured so that it could potentially be converted into a future loft space. This home is compliant with modern storm rated building codes (Galveston), FEMA elevation standards, and includes storm impact rated doors and windows to keep your investment safe. Located near Pirates Beach & close proximity to Seawall Blvd, shopping and restaurants.
| |||
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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: Laurie Dale, Laurie Dale
Last Updated: 4 months ago
Data Source: HAR , MLS# 88626337
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Last Updated: 4 months ago
Data Source: HAR , MLS# 88626337
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