611 Fort Velasco Drive
About This Property
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 14, 2026 | Listed by Keller Williams Premier Realty | $259,900 | |
| Listed by Keller Williams Premier Realty | |||
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Own a piece of the Texas coast with this rare dual-living beach home just 3 blocks from Surfside Beach. Offering two separate living spaces—a 1-bedroom, 1-bath studio on the ground level and a 2-bedroom, 1-bath home upstairs with beach views—this property is ideal for Airbnb and weekend getaways.
Recently remodeled and sold fully furnished, the home features updated flooring, fresh paint, modern fixtures, and a bright coastal interior. The elevated design provides added peace of mind in a coastal environment, while the spacious lot offers room for outdoor entertaining, parking, or future enhancements.
Whether you’re looking for an affordable second home near Houston or an income-producing coastal investment, opportunities like this under $300K are rare in Surfside Beach. See the ROI graphic in property photos.
Schedule your private showing today.
| |||
| Aug 5, 2025 | Listed by Keller Williams Premier Realty | $269,900 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
|
Own a piece of the Texas coast with this rare dual-living beach home just 3 blocks from Surfside Beach. Offering two separate living spaces—a 1-bedroom, 1-bath studio on the ground level and a 2-bedroom, 1-bath home upstairs with beach views—this property is ideal for Airbnb and weekend getaways.
Recently remodeled and sold fully furnished, the home features updated flooring, fresh paint, modern fixtures, and a bright coastal interior. The elevated design provides added peace of mind in a coastal environment, while the spacious lot offers room for outdoor entertaining, parking, or future enhancements.
Whether you’re looking for an affordable second home near Houston or an income-producing coastal investment, opportunities like this under $300K are rare in Surfside Beach. See the ROI graphic in property photos.
Schedule your private showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017