4
Map
138 Mariners
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 30, 2026 | Price Decreased |
$109,777
↓ $30K
(21.5%) | |
| Price Decreased | |||
| Mar 4, 2026 | Price Decreased |
$139,777
↓ $22K
(13.6%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by Keller Williams Heritage | $161,777 | |
| Listed by Keller Williams Heritage | |||
| Jan 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 7, 2023 | Listed by Crystal Medina, Broker | $200,000 | |
| Listed by Crystal Medina, Broker | |||
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Are you searching for the perfect spot to build your ideal short-term rental or dream vacation home? Look no further! This prime lot in Mariners Watch presents an incredible opportunity. Situated within a welcoming HOA community, Mariners Watch offers the ideal balance between vibrant city life and tranquil relaxation. You'll be conveniently close to the exciting attractions of Port Aransas and Corpus Christi, ensuring you can savor all the action whenever you desire. Yet, you'll also have the luxury of retreating to your peaceful haven whenever you need a break. And there's more! You'll also have the added benefit of a golf cart accessible boardwalk leading you right to the beach. Picture yourself strolling along the sandy shores or enjoying a sunset by the water – it's all at your doorstep. This opportunity is priced to sell, so don't miss out on making your dream vacation home a reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017