$255,000 Last Listed Price
●
House -
Off Market
4802 Western Drive
Hitchcock, TX 77563
2 Beds
1 Bath
1,378 Ft²
$254,051
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Cozy Coastal Haven tucked within the Wittjen subdivision. The
inviting front porch offers refreshing breezes and water views of
the "Blue Hole." Two generously sized bedrooms seamlessly blend
with an open living and dining area, giving ample space for
comfort. The elevated design provides outdoor living space-a
perfect spot for relaxing and grilling your fresh catch. This
accommodating property includes a double carport with electronic
gate, whole-house water filter, large doorways and an elevator for
convenience. Nestled outside city limits means low taxes and NO
HOA. Conveniently located near I-45, offering an easy commute to
Texas City, NASA and Houston. Just 6 miles from Galveston and 1.5
miles from a boat ramp you'll have quick access to the Bay. Needing
a coastal getaway or full-time residence this charming bungalow
offers peace and privacy a perfect escape from the hustle and
bustle. The rear lot is also available for sale, allowing you to
create your ideal coastal retreat.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$185
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
2011
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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: 5 months ago (HAR #39763613)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Red Diamond Realty | $255,000 | |
| Listed by Red Diamond Realty | |||
| | |||
|
Cozy Coastal Haven tucked within the Wittjen subdivision. The inviting front porch offers refreshing breezes and water views of the "Blue Hole." Two generously sized bedrooms seamlessly blend with an open living and dining area, giving ample space for comfort. The elevated design provides outdoor living space—a perfect spot for relaxing and grilling your fresh catch. This accommodating property includes a double carport with electronic gate, whole-house water filter, large doorways and an elevator for convenience. Nestled outside city limits means low taxes and NO HOA. Conveniently located near I-45, offering an easy commute to Texas City, NASA and Houston. Just 6 miles from Galveston and 1.5 miles from a boat ramp you'll have quick access to the Bay. Needing a coastal getaway or full-time residence this charming bungalow offers peace and privacy a perfect escape from the hustle and bustle. The rear lot is also available for sale, allowing you to create your ideal coastal retreat.
| |||
Property Highlights
Elevator
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 Hitchcock
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Listed by: Cyndi De Palermo, Red Diamond Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 39763613
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Last Updated: 5 months ago
Data Source: HAR , MLS# 39763613
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