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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 21, 2024 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Feb 27, 2024 | Listed | $150,000 | |
| Listed | |||
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WOW! Enjoy fantastic sunsets and great fishing will you relax on Caney Creek on this PRIME waterfront property! BIG lot (over 14,000 sq. ft) and great location! Wonderful opportunity to build your dream home or getaway! Sargent boasts some of the best fishing in the Texas Gulf Coast! Located close to beach, restaurants, local bait shops! Bring your water toys and get ready to fish, crab, tan and feel the ocean breeze!
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| Oct 28, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by Key 2 Texas Realty | $150,000 | |
| Listed by Key 2 Texas Realty | |||
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Prime Waterfront Lot in Prime Fishing Location! Recent Bulkhead Done! Excellent location to fish, crab and boat ride!! Located just before the cut of East Matagorda Bay for a ticket to Fishing Heaven!!! Come See All Sargent Has to Offer.. Beach, Restaurants, Bay Fishing and Water Activities Unlimited!! MAKE AN OFFER AND MAKE IT YOURS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017