Spacious, Luxury Modern Home near Beach

$450,000
4
2
1,953
sq. ft.
$230
per sq ft
Heated sq ft: 1,953 sq ft
Avg Nightly Rate: $170
Home Legally Sleeps: 8
Occupancy Rate: 35 weeks
Annual Gross Income : 42000
Annual Net Operating Income : 28000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Theme Parks, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 483

Property Description

Newly renovated home centrally located between Galveston Island's historic district and the beach!!! Coastway Casa is the perfect location to stay for your next vacation! Whether you are a planning a romantic getaway, bachelorette's weekend or some quality family time, our house has what you are looking for.

Presented by:
Owner:
robert ferguson
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 460
Low: 125
Peak: 458
Special Event: 340
Avarage: 170.00
Furniture Age
Inquire
Est Value of Furnishings
$20,000
Peak & High Seasons
March, April, May, June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Property Research group is growing and eager to expand our property management operations in Q2 2020. As a result, we are selling a part of our Short Term Rental (STR) portfolio in the Houston/South Coast Texas area.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
42000
Net Operating Income
28000
Stories
2
Additional Indoor Rooms
Attached Garage for No car, Family Room, Formal Dining Room, Game Room, Living Room, Master Suite Down
Appliances
Dishwasher, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood, Tile
Security
Yes
Security Description
State of the art Vivint System with Ipad panal, keyless entry, doorbell camera and 2 side cameras.
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Energy Star appliances
Year built
1960
Outdoor Features
Porch - Not screened
View
No view
Backyard Exposure
North
Lot Size
3900 square foot, corner lot
Community Features
Bar, Bike Rentals, Health Spa, Marina, Ocean Access, Restaurant(s), Waterpark, Other
Tax Amount/Year
$3,678
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bar, Bike Rentals, Health Spa, Marina, Ocean Access, Restaurant(s), Waterpark, Other
Mandatory HOA
Inquire
Home Legally Sleeps:
8
Onsite Parking
Driveway into Garage with additional cemented parking space on side of the house.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$9.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
35
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner, Third Party
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$125.00
Licesnes & Permits (Annual)
$95.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$960.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$948.00
Water/Sewer (Annual)
$350.00
Cable/Interbet (Annual)
$360.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$3,678.00
Homeowner's Insurance (Annual)
$4,200.00
Short Term Rental Insurance Rider (Annual)
$400.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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