Lot 16 River Hollow Way
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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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Ward Real Estate, Inc | $59,000 | |
| Listed by Ward Real Estate, Inc | |||
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Breathtaking riverfront lot in the newly developed Live Oak Landing Subdivision. This spacious lot has is waiting for new construction. Enjoy fishing off your property on the Tres Palacios River or launch your boat from the private community boat ramp for some of the best fishing on the Texas Coast--only a short boat or car ride to Matagorda Bay or the beach. This community offers the best of country living in a developed subdivision.
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| Feb 23, 2023 | No longer available | - | |
| No longer available | |||
| Oct 29, 2022 | Listed by Full Stringer Realty (Bay City) | $50,000 | |
| Listed by Full Stringer Realty (Bay City) | |||
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Breathtaking riverfront lot in the newly developed Live Oak Landing Subdivision. This spacious lot has is waiting for new construction. Enjoy fishing off your property on the Tres Palacios River or launch your boat from the private community boat ramp for some of the best fishing on the Texas Coast--only a short boat or car ride to Matagorda Bay or the beach. This community offers the best of country living in a developed subdivision.
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About Matagorda
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Last Updated: 5 months ago
Data Source: HAR , MLS# 87742960
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Address: 335 Madison Avenue, New York, NY 10017