0 Riverpoint Lane
About This Property
Discover Coastal Bliss in Townsend, GA
Nestled in a serene private community, this stunning bayfront property offers an unparalleled retreat for those seeking peace, tranquility, and natural beauty. Surrounded by majestic live oak trees draped in Spanish moss, this enchanting location captures the essence of coastal living. Whether you're searching for a weekend escape or a year-round residence, this property is a haven for relaxation and outdoor adventure.
Unmatched Amenities for Recreation and Leisure
This property boasts an impressive array of amenities, including a public dock for effortless access to the bay. From here, enjoy a leisurely 20-minute boat ride to the open ocean, where the possibilities for exploration and fishing are endless. For those who prefer staying on land, the community offers a basketball court, tennis court, and a clubhouse-a perfect spot for gatherings, celebrations, or unwinding with neighbors.
Owner financing available with 20% down, 14% annual interest.
A Community of Charm and Privacy
Situated within an exclusive neighborhood, this property is part of a community known for its charm and friendly atmosphere. The private setting ensures a sense of security and seclusion while fostering a strong connection to nature. Imagine sipping your morning coffee as coastal breezes sway the branches of the live oaks, or taking evening strolls under the glowing canopy of stars.
Your Coastal Dream Awaits
This bayfront gem offers the ideal balance of recreation, community, and natural beauty. Whether you're an avid boater, a nature enthusiast, or simply someone in search of serenity, this property delivers. Don't miss your opportunity to own a slice of coastal paradise in one of Townsend's most coveted neighborhoods. Schedule your private showing today and start living your dream!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | Price Decreased |
$49,000
↓ $6K
(10.9%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$55,000
↓ $4K
(6.8%) | |
| Price Decreased | |||
| Apr 19, 2025 | Price Decreased |
$59,000
↓ $6K
(9.2%) | |
| Price Decreased | |||
| Apr 1, 2025 | Price Decreased |
$65,000
↓ $5K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017