2409 Avenue A
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 29, 2025 | Listed by Nobles Realty Group, LLC | $430,000 | |
| Listed by Nobles Realty Group, LLC | |||
| Feb 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 10, 2024 | Relisted | $475,000 | |
| Relisted | |||
| Apr 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 24, 2023 | Listed by Nobles Realty Group, LLC | $475,000 | |
| Listed by Nobles Realty Group, LLC | |||
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Welcome to your dream waterfront property on Galveston Bay! This pristine .31-acre lot offers an exceptional opportunity to create your personal oasis in a serene and picturesque location. With stunning water frontage and a beautifully constructed bulkhead, this property is a haven for water enthusiasts, perfect for fishing, boating, and enjoying the tranquil bay views.
Discover the potential of this waterfront gem and seize the opportunity to bring your vision to life. Whether you desire a weekend retreat, a year-round residence, or an investment opportunity, this property promises endless possibilities. Don't miss out on this rare chance to own a slice of waterfront paradise along the enchanting Galveston Bay. Contact us today to embark on a journey of coastal living that you'll cherish for a lifetime!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017