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1222 Highway 87 Highway
About This Property
Ideally located just minutes from the heart of Crystal Beach, Gran Dia offers convenient access to local restaurants, shopping, entertainment, and the laid-back coastal lifestyle that makes Bolivar Peninsula so desirable. You'll also be near the new fishing pier, providing easy access to fishing, sightseeing, and waterfront recreation.
Whether you're looking to build a full-time residence, vacation getaway, or investment property, this beachfront lot offers the perfect canvas to create your vision. Don't miss the chance to own a piece of the Texas coast and enjoy endless sunrises, sea breezes, and unforgettable Gulf views in Gran Dia.
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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 3, 2026 | Listed by eXp Realty LLC | $169,900 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017