301 & 287 Tarpon 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 |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by ThisIsLivin Properties, LLC | $123,000 | |
| Listed by ThisIsLivin Properties, LLC | |||
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Welcome to 301 Tarpon Drive in Boca Chica! This move-in-ready property features two lots with a 30x60 carport with concrete slab, storage room, laundry room with full bathroom, and a 10x16 insulated building with AC. Enjoy a relaxing sitting deck area and fenced sides for privacy. RV entrance is made easy with two sets of stairs. The 2023 40ft Keystone Hideout is available for sale for an additional $32,000 and offers a king-size bedroom, full bathroom, 3 sitting areas that convert to beds, fireplace, and a spacious kitchen. Neighborhood amenities include a swimming pool, fishing pier, boat ramp, small store, and restaurant. Make this your home away from home today!
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| Apr 13, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by RE/MAX Professionals | $95,000 | |
| Listed by RE/MAX Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017