5
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1112 Highway 87
About This Property
Located just minutes from Crystal Beach, this prime property is ideal for building your dream coastal home or parking your RV for a laid-back escape. Enjoy easy access to fishing, water sports, kayaking, and all the natural beauty this area has to offer.
Conveniently positioned just over a mile from the Ferry, this property combines beachside serenity with quick access to nearby amenities and attractions. Don't miss this chance to own a slice of paradise on the Bolivar Peninsula! Have your agent share opportunities in Agent Remarks!
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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 |
|---|---|---|---|
| Jul 7, 2026 | Price Decreased |
$81,000
↓ $9K
(10%) | |
| Price Decreased | |||
| Mar 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 24, 2026 | Listed by United Real Estate | $90,000 | |
| Listed by United Real Estate | |||
| Dec 2, 2025 | Relisted | $99,000 | |
| Relisted | |||
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017