$379,500 Last Listed Price
●
House -
Off Market
7423 El Cielo
Galveston, TX 77551
3 Beds
2 Baths,
1
Half Bath
1,723 Ft²
$390,796
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
This lovely 2005 built home is ready to enjoy. Home has beautiful
wood look porcelain flooring throughout. Spacious living area that
opens to the deck. Nice size kitchen with Stainless appliances
including a lovely French style Refrigerator with freezer on the
bottom. There's a half bath on main living area. Upstairs you will
find the Master suite and two additional bedrooms. Master offers
two walk in closets and a private bath with tub/shower combo.
There's also a view of the Gulf from the Master.
Wonderful location just a short walk to the beach. Moody Gardens, Golf course, Bay access, dog park, and playground are all close by. Low maintenance exterior & easy upkeep yard with no grass to mow. Fully fenced back yard. This home would be a great fulltime or weekend property. Short term rentals may be an option as well - if your interested in that option confirm with the city. Better living awaits!
Wonderful location just a short walk to the beach. Moody Gardens, Golf course, Bay access, dog park, and playground are all close by. Low maintenance exterior & easy upkeep yard with no grass to mow. Fully fenced back yard. This home would be a great fulltime or weekend property. Short term rentals may be an option as well - if your interested in that option confirm with the city. Better living awaits!
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$220
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
2005
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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: 6 months ago (HAR #81000898)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by RE/MAX Leading Edge | $379,500 | |
| Listed by RE/MAX Leading Edge | |||
| | |||
|
This lovely 2005 built home is ready to enjoy. Home has beautiful wood look porcelain flooring throughout. Spacious living area that opens to the deck. Nice size kitchen with Stainless appliances including a lovely French style Refrigerator with freezer on the bottom. There's a half bath on main living area. Upstairs you will find the Master suite and two additional bedrooms. Master offers two walk in closets and a private bath with tub/shower combo. There's also a view of the Gulf from the Master.
Wonderful location just a short walk to the beach. Moody Gardens, Golf course, Bay access, dog park, and playground are all close by. Low maintenance exterior & easy upkeep yard with no grass to mow. Fully fenced back yard. This home would be a great fulltime or weekend property. Short term rentals may be an option as well - if your interested in that option confirm with the city. Better living awaits!
| |||
Property Highlights
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Madeline
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Listed by: Linda Landrum, RE/MAX Leading Edge
Last Updated: 6 months ago
Data Source: HAR , MLS# 81000898
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Last Updated: 6 months ago
Data Source: HAR , MLS# 81000898
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