1153 Beach Front 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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Dec 22, 2023 | Listed by One10 Realty Group | $39,000 | |
| Listed by One10 Realty Group | |||
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Discover the epitome of coastal living at 1053 Beach Front Road, Gilchrist, Texas. This premier lot presents an unparalleled opportunity to build your dream retreat with great views of the tranquil bay. Embrace the coastal breeze and let the soothing sounds of the waves be the soundtrack to your everyday life. From water sports to bird watching, the bay offers a playground for outdoor enthusiasts. Launch your kayak, drop a fishing line, or simply enjoy the natural beauty that surrounds you.
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| Apr 27, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by City Group | $24,000 | |
| Listed by City Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017