38
Map
2 Sugarloaf
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 |
|---|---|---|---|
| Aug 31, 2026 | Listed by XL Legacy International | $149,000 | |
| Listed by XL Legacy International | |||
| Jan 28, 2025 | Price Decreased |
$149,000
↓ $21K
(12.4%) | |
| Price Decreased | |||
| Apr 12, 2024 | Listed by XL Legacy International | $170,000 | |
| Listed by XL Legacy International | |||
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Excellent location! Large corner homesite with bay views and landscape reserve across the street providing additional views and privacy along with great fishing and deep water access to the ICW, West Galveston Bay & the Gulf of Mexico. Boat slip accommodations will allow a 30' boathouse. Minimum sq ft to build is 2500. No time frame to build and bring your own builder. The gated community of Harborwalk offers a full-service Marina & Ship's Store with deli, fuel, fresh bait, boat ramp, fish cleaning station, hike & bike trails, Yacht Club with a swim center and Flamingo Bar, miniature golf, and a community seven bedroom Lodge & event center. Beautiful architectural plans are included in the list value. Please see attachments for plans. Please call for further details.
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| Jun 16, 2023 | Sold | ||
| Sold | |||
| Feb 13, 2023 | Listed by XL Legacy International | $189,900 | |
| Listed by XL Legacy International | |||
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LARGE CORNER homesite with SCATTERED BAY VIEWS and landscape reserve across the street, providing additional views and privacy along with fishing and deep water access to the ICW, West Galveston Bay, Gulf of Mexico. Boat slip accommodations will allow up to a 30' boathouse. No time frame to build and bring your own builder. The gated community of Harborwalk offers a full-service Marina & Ship's Store with deli, fuel, fresh bait, boat ramp, fish cleaning station, hike & bike trails, Yacht Club with a swim center and Flamingo Bar, large homesites, and a community seven bedroom Lodge, please call for further details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017