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1221 Rollover Circle
About This Property
The lot provides ample space for a custom beach house with room for outdoor living, decks, and parking. Enjoy peaceful surroundings, refreshing Gulf breezes, and quick access to some of the best fishing, boating, birding, and beach recreation on the Bolivar Peninsula.
Whether you're looking to build now or secure land for future development, this location delivers exceptional potential in a fast-growing coastal market.
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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 |
|---|---|---|---|
| Jun 13, 2026 | Listed by United Real Estate | $135,000 | |
| Listed by United Real Estate | |||
| Feb 2, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2022 | Listed by United Real Estate | $99,900 | |
| Listed by United Real Estate | |||
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Great place to build your home or second home! This land is unrestricted and can be used as commercial or residential property. Enjoy this large corner lot with views of the beach or Galveston Bay! Public sewer and water available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017