$289,900 Last Listed Price
●
House -
Off Market
1876 Bayview Drive
Palacios, TX 77465
2 Beds
1 Bath
880 Ft²
$1,632
Est. Monthly
$67
HOA / Fees
About This Property
Escape to coastal bliss at 1876 Bayview Drive! This expansive
property spans 4 lots just a stone's throw from Carancahua Bay,
offering breathtaking sunrise vistas and panoramic coastal scenery.
Inside, discover a seamless open floor plan with a spacious living
room, complemented by a bespoke wood island in the kitchen and
vibrant coastal hues throughout. Retreat to the serene primary
bedroom with French doors opening to a private patio, perfect for
sipping morning coffee. Below, an approximate 600 sq ft storage
area awaits transformation into additional living space or a
handyman's haven, complete with plumbing in place. An outbuilding,
equipped with electricity and A/C, provides ample room for
crafting, guests, or storage. Don't miss the outdoor shower, great
for cleaning off without tracking in! The fenced backyard ensures
privacy, while the gated community boasts amenities including 2
pools, fishing piers, a community center, playground, and more.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$329
Property Type
House
Property Taxes
$141
HOA Dues
$67
Year Built
1979
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #88629559)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| Apr 27, 2024 | Listed by RE/MAX Professionals | $289,900 | |
| Listed by RE/MAX Professionals | |||
| | |||
|
Escape to coastal bliss at 1876 Bayview Drive! This expansive property spans 4 lots just a stone's throw from Carancahua Bay, offering breathtaking sunrise vistas and panoramic coastal scenery. Inside, discover a seamless open floor plan with a spacious living room, complemented by a bespoke wood island in the kitchen and vibrant coastal hues throughout. Retreat to the serene primary bedroom with French doors opening to a private patio, perfect for sipping morning coffee. Below, an approximate 600 sq ft storage area awaits transformation into additional living space or a handyman's haven, complete with plumbing in place. An outbuilding, equipped with electricity and A/C, provides ample room for crafting, guests, or storage. Don't miss the outdoor shower, great for cleaning off without tracking in! The fenced backyard ensures privacy, while the gated community boasts amenities including 2 pools, fishing piers, a community center, playground, and more.
| |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Jackson
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Listed by: Justin Guyer, RE/MAX Professionals
Last Updated: 5 months ago
Data Source: HAR , MLS# 88629559
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88629559
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