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$499,000

NAL Estimated Property Value

2402 Mechanic Street 503, Galveston, TX, 77550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,654 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$301.69 / sqft
Year BuiltBuilt in 1891

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringMarble, Wood

About this property

Penthouse 2/2 unit with DIRECT harbor views! The Strand Lofts offers true loft living in Galveston's Historic Strand District. Wide open loft spaces modernized in the historic Clarke & Courts Building, embellishing stunning original architecture by Nicholas Clayton. This top floor unit was designed to capture optimal space & HARBOR VIEWS while maintaining great artifacts such as original brick walls, cables & metal wings, & arched trusses. Modern adornments to include refinished pine hardwoods, fabulous custom cabinets & built-ins, gorgeous quartz counter tops. Luxurious bathrooms en-robed in Carrara marble. Garage parking & a storage unit conveys with this penthouse loft! YOU HAVE TO SEE TO BELIEVE! Strand Loft amenities include secured entrances, gated parking, fitness center, & a furnished common area deck on the parking garage's 3rd level.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$0Estimated Mortgage Balance
$499,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$582/month
5.947%

City: Galveston

2402 Mechanic Street 503 | Property Details | No Agent List