4530 Boulevard Street
About This Property
countertops, stainless steel appliances, tankless water heater, and ROOFTOP DECK with views of
Kemah Boardwalk. Live here or generate income as a vacation rental. Less than 10 minutes to Kemah, 30 minutes to Galveston, and 45 minutes to downtown Houston. Currently under construction and is expected to be completed end of June 2022. Please NOTE: Photos are of completed home next door. Color and finishes will vary. Room sizes are approximate, please verify.
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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 29, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Realty World Elite Group | $430,000 | |
| Listed by Realty World Elite Group | |||
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Beautiful new construction with panoramic views of Galveston Bay. This 3 bed 3 bath home features granite
countertops, stainless steel appliances, tankless water heater, and ROOFTOP DECK with views of
Kemah Boardwalk. Live here or generate income as a vacation rental. Less than 10 minutes to Kemah, 30 minutes to Galveston, and 45 minutes to downtown Houston. Currently under construction and is expected to be completed end of June 2022. Please NOTE: Photos are of completed home next door. Color and finishes will vary. Room sizes are approximate, please verify.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017