0 Beachfront 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 |
|---|---|---|---|
| Aug 2, 2026 | Price Increased |
$199,000
↑ $54K
(37.2%) | |
| Price Increased | |||
| May 1, 2026 | Listed by Prism Realty | $145,000 | |
| Listed by Prism Realty | |||
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Build your dream vacation home on this prime beach-view lot, ideally located just a short stroll from the sand, sunshine, and endless coastal fun. Enjoy stunning views of both the East Bay and the Gulf of Mexico, offering the perfect blend of sunrise and sunset scenery.
This deed-restricted property allows for rentals, making it a fantastic opportunity for both personal enjoyment and investment potential. Conveniently located near the bays, you’ll have easy access to some of the best fishing in the area.
Explore miles of unspoiled shoreline, known for its soft sand, peaceful atmosphere, and natural beauty. Matagorda Beach is a hidden gem—quiet, uncrowded, and ideal for fishing, birdwatching, and beachcombing. The area features charming elevated beach homes and even allows beach driving with a permit.
Don’t miss your chance to own a slice of coastal paradise—this lot is ready and waiting for its new owner!
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| May 21, 2025 | Listed by Full Stringer Realty | $220,000 | |
| Listed by Full Stringer Realty | |||
| Aug 22, 2024 | Listed by Full Stringer Realty | $145,000 | |
| Listed by Full Stringer Realty | |||
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Beach view lot ready for a new home! Come and create your dream vacation home within walking distance of the beach and all the fun with sunshine and sand! Close to the bays for fishing as well. Deed Restricted. Rentals are allowed in this area. Views of both east bay as well as the Gulf of Mexico. Miles of beach to explore and enjoy the natural beauty of the area. Come and view this lot awaiting new owners!
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| Sep 1, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017