1501 Bayview Drive
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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by RE/MAX Professionals | $129,000 | |
| Listed by RE/MAX Professionals | |||
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Discover your dream coastal retreat at 1501 Bayview Drive in Cape Carancahua, TX. Perfect for the avid fisherman or coastal enthusiast, this 0.36-acre property offers easy access to the sparkling waters of Carancahua Bay. Picture yourself launching your boat from the community ramp or casting a line from one of two lighted fishing piers. The property boasts mature oak trees, two driveways, a carport, and a shed for all your gear. The cozy 2003, 2-bed, 1.5-bath mobile home (14'x52') is partially furnished, making it move-in ready. Enjoy breathtaking bay views and community perks like gated entry, two pools, playgrounds, tennis courts, and a community center. Whether you're seeking a peaceful coastal escape or a full-time residence, Cape Carancahua offers an inviting, active lifestyle. Don't miss out on this gem between Palacios and Port Lavaca!
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| Sep 6, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by RE/MAX Professionals | $140,000 | |
| Listed by RE/MAX Professionals | |||
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Don't miss out on this charming coastal property located at 1501 Bayview Drive in Cape Carancahua, located between Palacios and Port Lavaca, Tx. On the 0.36 acre property you'll find two rock base driveways topped with turf grass, mature oak trees providing plenty of shade, and a carport and storage shed with a lean-to for your convenience. Enjoy stunning views of Carancahua Bay from the comfort of your 2003 - 2 bed 1.5 bath mobile home that measures 14'x52'. The home is partially furnished, making it easy for you to move in and start enjoying the coastal lifestyle right away. As a resident of Cape Carancahua, you will have access to community amenities, including gated entry for security, 2 sparkling pools, a boat ramp, two lighted fishing piers, a playground, a community center, and tennis courts. There's no shortage of things to do in this active community. This property is perfect for those looking for a peaceful coastal retreat or a full-time residence in a welcoming community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017