3037 Sandy Lane
About This Property
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Cap Rate Calculator
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 8, 2026 | Listed by eXp Realty LLC | $75,000 | |
| Listed by eXp Realty LLC | |||
| Jan 13, 2026 | No longer available | - | |
| No longer available | |||
| Jan 18, 2025 | Price Decreased |
$104,686
↓ $15K
(12.8%) | |
| Price Decreased | |||
| Jan 13, 2025 | Listed by RE/MAX Real Estate Assoc. | $120,000 | |
| Listed by RE/MAX Real Estate Assoc. | |||
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Build your home on this beautiful lot in Palacios, Texas! This leveled, build-ready lot is located in a gated community of beachside with concrete roads with curbs, all underground utilities: electric, water and sewer! High speed internet available! Clubhouse with swimming pool, tennis courts, basketball courts, playground, fishing pier, RV & Boat parking lot! Beachside surrounded by three pristine bays, Tres Palacios Bay, Turtle Bay, and Matagorda Bay, the wildlife and sporting opportunities are endless. Beachside is also close to all of the shopping, dining, and entertainment that Palacios has to offer. You can build now or keep it for investment. Water Amenities: Bay Views. Has rear access on Camp Hulen Dr.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017