487 Pompano Street
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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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Coldwell Banker Realty | $315,000 | |
| Listed by Coldwell Banker Realty | |||
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Looking for a home where you can easily access Galveston Bay and all the great fishing stops! This home is it. Located at the near end of the canal making access to the bay so much faster. For those who enjoy the water, fishing, water sports this home is for you. Spacious living room, dining and kitchen. Tile and laminate flooring, open floor plan with lots of cabinets and storage in the kitchen. Utility room upstairs with washer and dryer included. Wonderful outdoor entertaining spaces both upstairs and downstairs. Upstairs 15x22 covered screened porch to enjoy those great Galveston evenings plus additional 13x8 sun porch. Bonus room downstairs with full bath. Bayou Vista is a wonderful waterfront community in Galveston County with close proximity to Hwy 45. Call to see this home today! Come to Bayou Vista "Where Living On The Water Is A Way of Life".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017