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About This Property
Survey provided. Lot has aproximately 75 feet of road frontage and about 150 feet deep. This property is deed restricted to protect your investment. "No RV's". "No HOA". Here you can enjoy quick access to the Colorado River, East & West Matagorda Bay and the beautiful Matagorda Beach. Close to the Harbor boat ramp & Matagorda eateries. Low taxes. Relax and unwind in the quiet town of Matagorda as you enjoy some of the best fishing and beaches the Texas Gulf Coast has to offer.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$42,400
↓ $100
(0.2%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by Pavlock Properties | $42,500 | |
| Listed by Pavlock Properties | |||
| Jul 31, 2024 | No longer available | - | |
| No longer available | |||
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About Matagorda
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Last Updated: 5 months ago
Data Source: HAR , MLS# 32142279
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Address: 335 Madison Avenue, New York, NY 10017