1797 W Bayshore 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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2023 | Listed by RE/MAX Professionals | $319,000 | |
| Listed by RE/MAX Professionals | |||
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Fantastic Waterviews and resort style amenities, this home embodies the essence of coastal living. Whether you're seeking a coastal primary residence or the perfect weekend getaway, this property has it all. Bask in the breathtaking south-facing views, dotted by majestic palm trees, from your covered deck and patios within the fenced yard. Inside, the ground level boasts spacious rooms with inviting tile floors, offering ample space for everyone, along with convenient storage options. Ascend to the upper level to discover high ceilings, panoramic Carancahua Bay vistas, an open living area, the primary bedroom, and two separate staircases granting easy access to the front and back yards. The garage provides even more storage possibilities, while the corner lot enhances the property's sense of openness. Experience the best of the Texas coast with Cape Carancahua's convenient access to fishing, boating, sun-soaked relaxation, and endless skies. Your bayfront dream awaits!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017