$435,000 Last Listed Price
●
House -
Off Market
5520 Ibis Drive
Galveston, TX 77551
5 Beds
3 Baths
2,404 Ft²
$438,372
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Ready to REST, NEST, or INVEST? This 5 bedroom & THREE FULL
bath is unique in sq. footage, bedrooms and a PRIME location for
short term rentals or a vacation home. Well worth the trip to
take a look, this home is attractive inside and out and perfectly
maintained and in walking distance to Galveston Beach. Be astounded
by the generous, beautifully crafted kitchen with large island
facing the spacious living and dining areas! There are not
one, but TWO primary en-suites. Other notable qualities
include tier 3 granite counter tops and a flex space off the front
of the home to be used as a formal dining, gym, 2nd living space,
or movie room (the opportunities are endless). Pleasure pier,
Moody Gardens, tours of Galveston's rich history, and beach day
memories are just minutes away. Centrally located to grocery
stores, shopping, and dining; this home is in pristine condition
and won't last long! Contact Agent for a private showing
today to see this Galveston gem.
Unit Size
2,404 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$181
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1970
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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 #62481349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Rose Above Realty | $435,000 | |
| Listed by Rose Above Realty | |||
| | |||
|
Ready to REST, NEST, or INVEST? This 5 bedroom & THREE FULL bath is unique in sq. footage, bedrooms and a PRIME location for short term rentals or a vacation home. Well worth the trip to take a look, this home is attractive inside and out and perfectly maintained and in walking distance to Galveston Beach. Be astounded by the generous, beautifully crafted kitchen with large island facing the spacious living and dining areas! There are not one, but TWO primary en-suites. Other notable qualities include tier 3 granite counter tops and a flex space off the front of the home to be used as a formal dining, gym, 2nd living space, or movie room (the opportunities are endless). Pleasure pier, Moody Gardens, tours of Galveston’s rich history, and beach day memories are just minutes away. Centrally located to grocery stores, shopping, and dining; this home is in pristine condition and won't last long! Contact Agent for a private showing today to see this Galveston gem.
| |||
| Aug 8, 2022 | Listed by Rose Above Realty | $459,990 | |
| Listed by Rose Above Realty | |||
| | |||
|
Attention Investors and Galveston lovers alike! This 5 bedroom & THREE FULL bath is PRIME location for short term rentals or vacation home. Home boasts of an open concept, over-sized living area, tier 3 granite, flex room that can be used as movie room, formal dining, office space, or whatever your heart desires and TWO en-suites.
A true diamond in the rough, come check out for yourself the beautifully crafted kitchen with large island facing the spacious living and dining area. All bedrooms are a generous size. Centrally located to grocery stores, shopping, and dining, this home is in pristine condition and turnkey ready. Pleasure pier, Moody Gardens, tours of Galveston’s rich history, and beach day memories are minutes away. Contact Agent for a private showing now to see this Galveston gem!
| |||
| May 27, 2022 | Listed by Rose Above Realty | $472,000 | |
| Listed by Rose Above Realty | |||
| | |||
|
The beach is calling! This 5 bedroom/3 full bath is a perfect primary residence,secondary vacation property, or short term rental. Priced to sell, this is a dimond and worth a private showing! Pleasure pier, Moody Gardens, tours of Galveston’s rich history, and beach day memories are minutes away. Much larger inside than appears, this home has a cozy, beachy feel. Check out for yourself the beautifully crafted kitchen with large island facing the spacious living area. Substantial cabinet space and level three granite countertops are perfect for hosting & entertaining! Two primary rooms, double closets in multiple rooms, and bonas, flex room that may be used for dining, gaming, gym, etc.. Updated plumbing & electrical in 2008. Centrally located to grocery stores, shopping, and dining, this home is in pristine condition and ready to move in just in time for Summer fun! Beach days, cool summer breezes and memories await. SCHEDULE SHOWING now 2 see this Galveston gem.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fort Crockett
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Listed by: Melissa Castro, Rose Above Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 62481349
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Last Updated: 5 months ago
Data Source: HAR , MLS# 62481349
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