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1105 Bobs Road
About This Property
Prime coastal acreage with ~11 developable acres, ~1400 ft of tranquil lake frontage, and serene natural landscapes. Ideal for subdivision, resort-style retreat, or long-term investment. Enjoy fishing, crabbing, and breathtaking sunsets over the water. The remaining land includes a scenic lake with native vegetation, offering privacy and ecological character. A recently completed survey and Phase 1 Environmental study provide clarity and confidence. Located in a FEMA Zone with proximity to beachside attractions and growing demand for vacation and residential use. Rare opportunity to shape a legacy on the Bolivar Peninsula-coastal beauty meets high-return potential. This would truly be a oasis and great location for a development
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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 |
|---|---|---|---|
| Feb 4, 2026 | Listed by eXp Realty LLC | $745,013 | |
| Listed by eXp Realty LLC | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 30, 2025 | Listed by Cobb Real Estate | $745,013 | |
| Listed by Cobb Real Estate | |||
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Investor's Dream in Crystal Beach – 21-Acre Bayside Property.
Prime coastal acreage with ~11 developable acres, ~1400 ft of tranquil lake frontage, and serene natural landscapes. Ideal for subdivision, resort-style retreat, or long-term investment. Enjoy fishing, crabbing, and breathtaking sunsets over the water. The remaining land includes a scenic lake with native vegetation, offering privacy and ecological character. A recently completed survey and Phase 1 Environmental study provide clarity and confidence. Located in a FEMA Zone with proximity to beachside attractions and growing demand for vacation and residential use. Rare opportunity to shape a legacy on the Bolivar Peninsula—coastal beauty meets high-return potential. This would truly be a oasis and great location for a development
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| Jan 16, 2025 | No longer available | - | |
| No longer available | |||
| Feb 29, 2024 | Listed by Cobb Real Estate | $745,000 | |
| Listed by Cobb Real Estate | |||
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This 21-acre parcel of land located Bayside in the heart of Crystal Beach offers approximately 11 acres for potential development or personal use. The property boasts great privacy and opportunities for fishing and crabbing, with approximately 1400 feet of Lake frontage. The remaining acreage features a Lake and other natural features, making it a versatile and picturesque piece of land with terrific sunsets. There is a recently completed survey and environmental phase 1 study available for serious inquiries. Attached find a suggested plat for 27 Lots. Don't miss this opportunity to own your own slice of paradise! Located in a FEMA Zone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017