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1124 Faggards Road
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 |
|---|---|---|---|
| Feb 13, 2026 | Listed by Realty Of America, LLC | $850,000 | |
| Listed by Realty Of America, LLC | |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by Swede's Real Estate LLC | $449,000 | |
| Listed by Swede's Real Estate LLC | |||
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This is a truly one of a kind opportunity to have over an acre of waterfront property on the Bolivar Peninsula with a 1,775 sq ft. 3 bedroom, 3 bath Octagon shaped home. Located in Gilchrist, Texas between High Island and Crystal Beach. This home has 2 upper levels with plenty of room and outside deck space to enjoy all of nature. Situated on Rollover bay you will enjoy views of wildlife as well as vessel traffic on the Intracoastal Waterway. The sunsets over Rollover bay are breathtaking and from the southern deck you can see the Gulf of Mexico in the distance. Yet you are a walk or golf cart ride away from the public beach. The home has a room on the 1st elevated floor for entertaining with access to a deck as well. The upper floor has a fireplace and plenty of windows for a full view of the bay. Enjoy your own private fishing deck where you can fish and crab or just enjoy your morning coffee or afternoon beverage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017