31
Map
301 Bayou Drive
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 15, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by Keller Williams Platinum | $250,000 | |
| Listed by Keller Williams Platinum | |||
| Jun 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 15, 2026 | Listed by Keller Williams Platinum | $250,000 | |
| Listed by Keller Williams Platinum | |||
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Discover this elevated 2-bedroom, 2-full bathroom home in Old River Terrace, situated on a spacious 1.85-acre unrestricted waterfront lot with no rear neighbors, offering a rare blend of space, privacy, and endless potential. The interior features wood laminate and carpet flooring, a living/dining combo, a kitchen with pantry, a primary suite with private bath, and a layout ready for your personal touch. Outside, enjoy a rare open setting ideal for recreation, workshops, gardening, or future expansion. A standout feature is the rear wraparound ramp, providing added accessibility and convenience while also doubling as an elevated deck, perfect for relaxing and enjoying the views. Nestled in a low-density community with access to top-rated Channelview and Galena Park ISD, I-10, Beltway 8, major industrial hubs, local parks, and shopping. An ideal property for buyers seeking versatility and room for their long-term vision, and best of all there is No HOA. Property has never flooded.
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| May 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017