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1109 Gator Point
About This Property
In conclusion, this 6,000-square-foot waterfront lot in the Blue Water Addition No. 5 subdivision offers a unique opportunity for coastal living. Whether you wish to build your dream home, park an RV, or invest in a growing area, this property provides the perfect setting. With direct access to the Intracoastal Canal, beautiful views, and proximity to local amenities, it's an ideal place for a laid-back coastal lifestyle. With continued development and rising demand for waterfront properties, this lot is a promising investment. Don't miss the opportunity to own a coastal gem.
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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 |
|---|---|---|---|
| Sep 10, 2026 | No longer available | - | |
| No longer available | |||
| Jun 11, 2025 | Listed by Coldwell Banker Realty - Katy | $90,000 | |
| Listed by Coldwell Banker Realty - Katy | |||
| May 6, 2025 | Listed | $100,000 | |
| Listed | |||
| | |||
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The ongoing development in Crystal Beach increases this property’s value. As new homes and docks are constructed, the area will attract more residents and visitors. With the growing demand for waterfront properties, this lot offers both an exceptional lifestyle and a solid investment. This is a rare chance to own property in a developing area that shouldn’t be missed.
In conclusion, this 6,000-square-foot waterfront lot in the Blue Water Addition No. 5 subdivision offers a unique opportunity for coastal living. Whether you wish to build your dream home, park an RV, or invest in a growing area, this property provides the perfect setting. With direct access to the Intracoastal Canal, beautiful views, and proximity to local amenities, it’s an ideal place for a laid-back coastal lifestyle. With continued development and rising demand for waterfront properties, this lot is a promising investment. Don’t miss the opportunity to own a coastal gem.
| |||
| Dec 19, 2024 | Listed | $100,000 | |
| Listed | |||
| | |||
|
The ongoing development in Crystal Beach increases this property’s value. As new homes and docks are constructed, the area will attract more residents and visitors. With the growing demand for waterfront properties, this lot offers both an exceptional lifestyle and a solid investment. This is a rare chance to own property in a developing area that shouldn’t be missed.
In conclusion, this 6,000-square-foot waterfront lot in the Blue Water Addition No. 5 subdivision offers a unique opportunity for coastal living. Whether you wish to build your dream home, park an RV, or invest in a growing area, this property provides the perfect setting. With direct access to the Intracoastal Canal, beautiful views, and proximity to local amenities, it’s an ideal place for a laid-back coastal lifestyle. With continued development and rising demand for waterfront properties, this lot is a promising investment. Don’t miss the opportunity to own a coastal gem.
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| Oct 25, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017