$595,500 Last Listed Price
●
House -
Off Market
4409 Jane Road
Galveston, TX 77554
2 Beds
2 Baths
1,008 Ft²
$623,119
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
This is a great beachside home with an opportunity to secure your
view and purchase the seaward lot next door. The well maintained
home is a 2 bed 2 bath and with the owners creativity they have
made an area for a 3rd bed. The vaulted living area runs the entire
length of the home along with the low maintenance Saltillo tile.
Sit in the expanded living/dining area with mostly sliding doors or
windows that provide ample views and natural light. The East
bedroom has a sliding door with private deck access. Catch the sea
breeze and sunrises on the partial wrap around deck. The current
owner upgraded the windows, roll down shutters and cement board
siding. The home has never been a rental but it has a lot of
potential.The buyer of the home will have first right of refusal
for the lot next door and can be purchased for 248,000
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$591
Property Type
House
Property Taxes
$489
HOA Dues
$21
Year Built
1978
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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 #40521436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | Listed by Sand N Sea Properties, LLC | $595,500 | |
| Listed by Sand N Sea Properties, LLC | |||
| | |||
|
This is a great beachside home with an opportunity to secure your view and purchase the seaward lot next door. The well maintained home is a 2 bed 2 bath and with the owners creativity they have made an area for a 3rd bed. The vaulted living area runs the entire length of the home along with the low maintenance Saltillo tile. Sit in the expanded living/dining area with mostly sliding doors or windows that provide ample views and natural light. The East bedroom has a sliding door with private deck access. Catch the sea breeze and sunrises on the partial wrap around deck. The current owner upgraded the windows, roll down shutters and cement board siding. The home has never been a rental but it has a lot of potential.The buyer of the home will have first right of refusal for the lot next door and can be purchased for 248,000
| |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Spanish Grant East
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Listed by: Michael Gaido, Sand N Sea Properties, LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 40521436
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Last Updated: 6 months ago
Data Source: HAR , MLS# 40521436
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