1627 Bay Pointe 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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by RE/MAX Leading Edge | $499,000 | |
| Listed by RE/MAX Leading Edge | |||
| Apr 18, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Price Decreased |
$807,800
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Jan 5, 2024 | Listed by Sand N Sea Properties, LLC | $838,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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The gated community of Sweetwater Cove offers residents peaceful tranquility surrounded by a lush natural habitat with stunning views of Galveston Bay and Sweetwater Lake. This 3 bedroom, 2 bathroom, 2 garage, new construction property is in the heart of Sweetwater Cove. It features 10' ceilings, a spacious main-level primary suite, and two additional guest rooms on the second level, each with large walk-in closets and access to the connecting full bathroom. This property also features a large loft/flex space which would work great as a study, a game room, a bunk room, or whatever else you need. This property is quite special with a standing seam metal roof, ground-level break-away slatted walls, an outdoor shower, stainless appliances, and upgraded standard features. Plan your visit today.
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017