35
Map
43 Shell Key
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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by XL Legacy International | $105,000 | |
| Listed by XL Legacy International | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Dec 17, 2025 | Listed by XL Legacy International | $150,000 | |
| Listed by XL Legacy International | |||
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Unique East facing location with beautiful waterfront & wetland views with just a few minutes boat ride to the ICW and West Galveston Bay. Excellent setting for fishing, boating, kayaking, coastal bird watching & more. Private Boat-slip will accommodate a 35' x 16' boathouse. Minimum sq ft to build is 2800, choose your builder & no time frame to build. The properties on each side (45 & 41 Shell Key) are also available & owned by the same owner. Harborwalk is an exclusive gated waterfront community on West Galveston Bay. Amenities offered are a seven bedroom lodge & event center, full service marina & ship's store, boat-ramp, swim center with Flamingo Bar, miniature golf, community events, hike & bike trails & great neighbors. Please call for community information and to schedule a visit.
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| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 20, 2024 | Listed by XL Legacy International | $150,000 | |
| Listed by XL Legacy International | |||
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Unique East facing location with beautiful waterfront & wetland views with just a few minutes boat ride to the ICW and West Galveston Bay. Excellent setting for fishing, boating, kayaking, coastal bird watching & more. Private Boat-slip will accommodate a 35' x 16' boathouse. Minimum sq ft to build is 2800, choose your builder & no time frame to build. The properties on each side (45 & 41 Shell Key) are also available & owned by the same owner. Harborwalk is an exclusive gated waterfront community on West Galveston Bay. Amenities offered are a seven bedroom lodge & event center, full service marina & ship's store, boat-ramp, swim center with Flamingo Bar, miniature golf, community events, hike & bike trails & great neighbors. Please call for community information and to schedule a visit.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017