281 County Road 251
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 |
|---|---|---|---|
| Sep 23, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Full Stringer Realty | $219,500 | |
| Listed by Full Stringer Realty | |||
| Jun 17, 2026 | No longer available | - | |
| No longer available | |||
| Mar 25, 2026 | Listed by The Real Estate Ranch LLC | $279,500 | |
| Listed by The Real Estate Ranch LLC | |||
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The perfect little half-acre lot (.578) and two tiny home retreat is handmade for families and guests for a weekend getaway from the hectic workload. The property is situated on a little over a half acre right off Hwy 60 and minutes from the Harbor and boat launch in Matagorda. Perfect blend of proximity to food, gas and shopping yet still very private. Beautiful tiny home with 2 full size beds in the loft area and 1 pull-out futon in the living area, full bath and full kitchen, refrigerator and a large front porch. In addition, there is a Studio style tiny home with 1 bd/ 1 bth in a side-by-side duplex unit and extra large front porch. Seperate laundry for all with W/D. Each single room includes standing shower and sink, a TV, a microwave and a mini fridge. Both units come completely furnished . A large 30x60 concrete floor boat barn iw located on the backside of the property with pull-up door and side entry door, ready to store your boat or play area for kids. Perfect setup for AIRbnb or personal getaway. Bring your boat to wet a hook while you are here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017