123 Grande Pointe Drive
About This Property
Spanning three stories and 2,646 square feet, this 4-bedroom, 3.5-bath home was designed with outdoor living woven into every level. Large front and rear balconies create space to slow down, catch the breeze, and enjoy the wooded surroundings. Screened balconies add even more usable outdoor space, while abundant natural light carries throughout the home. Inside, the details have substance: hand-scraped maple flooring, custom KraftMaid cabinetry, travertine baths, crown molding, wainscoting, tiled front porches with stained tongue-and-groove ceilings, and rear porches finished in Cumaru hardwood.
The ground-floor bedroom has a private exterior entrance, creating flexibility for guests or potential rental use. A large garage accommodates two vehicles with additional room for a golf cart, complemented by extra driveway parking.
Grande Pointe sits along Lake Powell and offers a community dock, pool, clubhouse, and nature walk. From here, the beach is an easy walk, Rosemary Beach and 30Avenue are close by, and you can enjoy everything along 30A without having to live directly in the middle of its traffic.
Close to what brings you here. Quiet enough to make you want to stay.
All information is deemed reliable and provided for informational purposes; buyers are encouraged to independently verify all details.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Listed by EXP Realty LLC | $1,125,000 | |
| Listed by EXP Realty LLC | |||
| Aug 29, 2021 | No longer available | - | |
| No longer available | |||
| Jul 11, 2021 | Listed by Corcoran Reverie SRB | $219,000 | |
| Listed by Corcoran Reverie SRB | |||
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Vacant corner lot in the Inlet Beach neighborhood Grande Pointe within walking distance of 30Avenue, Rosemary Beach and Inlet Beach public beach access. The lot has been cleared and has a credit towards tap fees. Grande Pointe has a community dock, pool, and clubhouse on Lake Powell.
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| Jul 1, 2013 | Sold | ||
| Sold | |||
| Mar 13, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017