1206 N Avenue L
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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by eXp Realty, LLC | $230,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome to 1206 N Avenue L in Freeport, TX! Built in 2019, this well-maintained 3-bedroom, 2-bath home offers 1,878 sqft of comfortable, open-concept living. The spacious layout seamlessly connects the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen provides ample cabinet and counter space, while the private primary suite offers a relaxing retreat with a generous bedroom and en-suite bath. Two additional bedrooms provide flexibility for guests, office space, or family needs. Step outside to a backyard designed for enjoyment, featuring an extended patio and bar area—perfect for Texas cookouts. Conveniently located near local schools, shopping, dining, and just minutes from the Gulf Coast, this move-in ready home combines modern construction with coastal convenience. Make it yours today!
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| Mar 9, 2023 | Sold | ||
| Sold | |||
| Jan 17, 2023 | Listed by The Sold Company | $255,500 | |
| Listed by The Sold Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017