1078 County Road 209
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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by Fiv Realty Co Texas LLC | $150,000 | |
| Listed by Fiv Realty Co Texas LLC | |||
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Location, location, location! Positioned near the entrance to the Intracoastal Waterway (ICW), leading to the Gulf of Mexico and East Matagorda Bay, this lot boasts one of the most desirable locations in the area. Spend your days watching boats glide by from the comfort of your own retreat, ands soaking in the serenity of coastal life. Choose to remodel and put your personal touch on this property or opt for a new build, the potential is limitless. Surrounded by beautiful newly built homes this property is a great choice offering unparalleled fishing experiences just moments away. Situated within a short drive to the beach and local restaurants, as well as convenient access to bait camps, this haven ensures endless opportunities for relaxation and adventure. Come and experience the lifestyle here !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017