3229 Bay Ridge Drive
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 |
|---|---|---|---|
| Jul 27, 2026 | Listed by Smith Family Realty Texas LLC | $150,000 | |
| Listed by Smith Family Realty Texas LLC | |||
| Jul 23, 2026 | No longer available | - | |
| No longer available | |||
| Oct 10, 2025 | Listed by LPT Realty, LLC | $175,000 | |
| Listed by LPT Realty, LLC | |||
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Welcome to 3229 Bay Ridge, a stunning bayfront lot in the gated Beachside community of Palacios, TX. This oversized property offers breathtaking, unobstructed views of Tres Palacios Bay, perfect for building your dream coastal retreat. Enjoy peaceful living with access to community amenities, including a pool, tennis courts. Whether you're planning a weekend getaway or a full-time home, Beachside offers the perfect blend of relaxation and recreation. Utilities are available, and there's no time limit to build. Come experience waterfront living at its best
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| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Apr 7, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $200,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
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Welcome to 3229 Bay Ridge, a stunning bayfront lot in the gated Beachside community of Palacios, TX. This oversized property offers breathtaking, unobstructed views of Tres Palacios Bay, perfect for building your dream coastal retreat. Enjoy peaceful living with access to community amenities including a pool, tennis courts. Whether you're planning a weekend getaway or a full-time home, Beachside offers the perfect blend of relaxation and recreation. Utilities are available, and there's no time limit to build. Come experience waterfront living at its best!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017