1981 County Road 291
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 |
|---|---|---|---|
| Jun 12, 2026 | Listed by TopWater Real Estate LLC | $492,500 | |
| Listed by TopWater Real Estate LLC | |||
| Jun 11, 2026 | No longer available | - | |
| No longer available | |||
| Nov 11, 2025 | Price Decreased |
$549,000
↓ $40K
(6.8%) | |
| Price Decreased | |||
| May 21, 2025 | Listed by TopWater Real Estate LLC | $589,000 | |
| Listed by TopWater Real Estate LLC | |||
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Recently remodeled waterfront home situated on two beautiful lots along Caney Creek. This spacious property offers three bedrooms and three full bathrooms across a flexible layout, making it ideal for full-time living, weekend getaways, or use as an income-producing short-term rental. A large, open-concept kitchen flows seamlessly into the expansive family room with a cozy fireplace. Outdoor spaces are equally impressive, with mature shade trees, a fire pit, a private pier, and a hot tub, perfect for relaxing or entertaining. Located just a short boat ride to the Intracoastal Waterway and Matagorda Bay, and a quick drive to Sargent Beach, this property combines comfort, convenience, and coastal charm. Being sold mostly furnished!
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| Aug 4, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017