$625,000 Last Listed Price
●
House -
Off Market
5228 Avenue U
Galveston, TX 77551
3 Beds
2 Baths
2,058 Ft²
$3,573
Est. Monthly
About This Property
Enjoy island living at its finest in this adorable 3 bedroom/2 bath
beauty, with a pool - located 1 block from the beach. Walk through
the entryway and into the fully equipped chef's kitchen complete
with SS appliances, quartz countertops, breakfast bar/island, new
custom cabinets, and coffee bar. In addition, there is also a bar
and wine fridge with plenty of space for glasses and your favorite
spirits. The kitchen opens up to the spacious grand living area
where you're met with an abundance of natural light from the large
windows. Stay warm in the winter w/ the gas fireplace accented with
100 yr old wood mantel. The large primary BM has an en suite
bathroom complete with a vanity, decorative freestanding
tub/shower. There are also two other BR w/ bathroom & walkin shower
as well. Through the mudroom and out to the backyard you will find
an island oasis, complete with a pool, hot tub, palapa bar and
covered deck. Mudroom has additional storage & W/D.This area did
not flood during IKE.
Unit Size
2,058 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$304
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1968
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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 #93583653)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2023 | Listed by Sand N Sea Properties, LLC | $625,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| | |||
|
Enjoy island living at its finest in this adorable 3 bedroom/2 bath beauty, with a pool - located 1 block from the beach. Walk through the entryway and into the fully equipped chef’s kitchen complete with SS appliances, quartz countertops, breakfast bar/island, new custom cabinets, and coffee bar. In addition, there is also a bar and wine fridge with plenty of space for glasses and your favorite spirits. The kitchen opens up to the spacious grand living area where you’re met with an abundance of natural light from the large windows. Stay warm in the winter w/ the gas fireplace accented with 100 yr old wood mantel. The large primary BM has an en suite bathroom complete with a vanity, decorative freestanding tub/shower. There are also two other BR w/ bathroom & walkin shower as well. Through the mudroom and out to the backyard you will find an island oasis, complete with a pool, hot tub, palapa bar and covered deck. Mudroom has additional storage & W/D.This area did not flood during IKE.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Fort Crockett
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Listed by: Kimberly Gaido, Sand N Sea Properties, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 93583653
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Last Updated: 5 months ago
Data Source: HAR , MLS# 93583653
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