7 Marathon
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 |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by XL Legacy International | $138,000 | |
| Listed by XL Legacy International | |||
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EXCELLENT EAST FACING WATERFRONT HOMESITE located in Harborwalk, A coastal lifestyle community on West Galveston Bay! Boat-slip accommodations will allow a 30' boathouse. No time frame to build and bring your own builder. Minimum sq ft to build on this homesite is 2200 sq ft. Direct access to West Bay and the Intracoastal Waterway. Harborwalk offers a full-service Yacht Club & Marina, Swim Center, Ships Store w/Deli, bait and fuel, hike & bike Trails, kayaking, bird-watching, boating, excellent fishing, etc. Minutes from Galveston Island, Clear Lake & Houston. Please call for community details.
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| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by XL Legacy International | $105,000 | |
| Listed by XL Legacy International | |||
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Great waterfront homesite located in prestigious Harborwalk! Has direct access to West Galveston Bay and the Intracoastal Waterway. Ready to build your coastal dream home? Look no further...this is the one! Harborwalk offers a full service Yacht Club & Marina, Swim Center, Ships Store w/Deli, bait and fuel, Hike & Bike Trails, kayaking, birdwatching, boating, excellent fishing etc. Minutes from Galveston Island, Clear Lake & Houston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017