2203 Sweet Bay Drive
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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%.
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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Price Decreased |
$285,000
↓ $7K
(2.4%) | |
| Price Decreased | |||
| Sep 11, 2024 | Price Increased |
$292,000
↑ $7K
(2.5%) | |
| Price Increased | |||
| Jun 28, 2024 | Listed by RE/MAX Coastal | $285,000 | |
| Listed by RE/MAX Coastal | |||
| | |||
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This stunning 4 bed, 3 full bath modern 1 story home boasts a spacious split floor plan with wood look tile flooring, beautifully tiled showers, and a functional design. The kitchen features modern shaker cabinets, granite counters, large pantry, and opens to a wide open living room with a cozy fireplace. The primary suite is massive and sits at the back of the home. Primary ensuite bathroom features soaking tub, separate shower, double sinks and huge walk-in closet. Bedroom 2, at the front of the home also features ensuite bathroom with spacious walk-in shower! Bedrooms 3 and 4 sit are on the south side of the home and share the large 3rd full bathroom in this well thought out home! Enjoy the spacious backyard with a covered patio in the master planned Lago Mar community. Built in 2022, this highly efficient home includes tankless water heater. Live the lagoon life 12-Acre Crystal Lagoon. Exclusive Clubhouse & Cabanas. Near Shopping/Dining. Minutes to Galveston, Boating/Water Sports.
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Property Highlights
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About Texas City
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$2,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017