1913 County Road 201
About This Property
The upper residence opens to a large sun deck with water views. Beneath it, a lighted boathouse features a boat lift and fish-cleaning station. Downstairs, a spacious efficiency apartment has a living and sleeping area, full bath with washer and dryer, and a large kitchen opening to a covered patio with lighting, a BBQ grill, and electric patio wind shutters.
Other features include mature palms, storm shutters and doors, cement board siding, a storage shed, double carport and driveway, and Wi-Fi-connected cameras and HVAC controls. The home and appliances are all electric, and the stairs, walkway, and deck surfaces are freshly painted. Both living areas are furnished. Enjoy fishing, boating, and coastal relaxation about five minutes from the beach! Don't just visit paradise own it!
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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 27, 2026 | Listed by Key 2 Texas Realty | $385,000 | |
| Listed by Key 2 Texas Realty | |||
| May 31, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Price Decreased |
$309,000
↓ $16K
(4.8%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed by Key 2 Texas Realty | $324,500 | |
| Listed by Key 2 Texas Realty | |||
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Beautifully Located Towards the End of Canal for Access to the Cut of East Matagorda Bay. This well kept Breezy Coast Property Offers 2 Kitchens, 2 Bedrooms, 2 Baths and An Amazing Boat Lift with Upper Deck for Sun Bathing. Storm Doors and Windows are in Place if needed. This Breezy Coastal Get-A-WAY also comes partially furnished. Fishing and Boating Await You Here!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017