$798,000 Last Listed Price
●
House -
Off Market
4310 Palapa Circle
Galveston, TX 77554
4 Beds
3 Baths
1,739 Ft²
$822,325
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
This is the opportunity you were waiting for, this is a great
potential income property ready to lease, or it could be your dream
vacation or residential home with beach views. New construction
home move in ready, completely furnished and decorating by
professional interior designer. This home has so much to offer, and
not detail was overlooked:2 large primary bedrooms with private
decks, & baths, 2 spacious secondary bedrooms. Primary master bath
has floor to ceiling tile, huge shower, and dual vanities.
Beautiful kitchen equipped with stainless steel appliances, quartz
counter tops, plenty storage spaces and breakfast island.
Refrigerator, washer-dryer included. This home also features open
concept living-dining area, blinds, tile flooring throughout,
outdoor shower, storage, and completely fence. Conveniently
located, beach access, few minutes walking to beach, grocery,
restaurants, golf carts rentals. Community offers swimming pool,
fishing pier, tennis court, park and pavilion
Unit Size
1,739 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$459
Property Type
House
Property Taxes
$54
HOA Dues
$19
Year Built
2021
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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: 6 months ago (HAR #57313895)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
| Feb 21, 2025 | Listed by Galveston Island Real Estate | $749,900 | |
| Listed by Galveston Island Real Estate | |||
   | |||
|
This home offers an exquisite blend of comfort and coastal living, providing an unparalleled island experience. As you step inside you are greeted with an open-concept living-dining area, with tile flooring throughout. The well-designed kitchen equipped with stainless steel appliances, quartz countertops, ample storage space, and large island. There are 2 bedrooms located on the first floor. The second floor greets you with 2 bedrooms, both with private baths, including the primary bedroom & bath boasting floor-to-ceiling tile, a spacious shower, and dual vanities. This residence offers stunning views of the Gulf of Mexico. Just a short walk or golf cart ride to the beach. Additionally, a golf cart ride leads to the marina with its charming restaurants adding a touch of coastal dining to your lifestyle. The community enriches your everyday life with amenities such as a swimming pool, fishing pier, tennis/pickleball court, park and pavilion. This property has a wonderful rental history.
| |||
| Jan 25, 2025 | No longer available | - | |
| No longer available | |||
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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
Comparables
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About Sea Isle
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Listed by: Yasmin Ramsey, REALM Real Estate Professional
Last Updated: 6 months ago
Data Source: HAR , MLS# 57313895
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Last Updated: 6 months ago
Data Source: HAR , MLS# 57313895
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