3321 Bay Point 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 |
|---|---|---|---|
| Jul 12, 2026 | Listed by Berkshire Hathaway HomeServices Premier Properties | $238,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| Jul 4, 2026 | No longer available | - | |
| No longer available | |||
| Mar 8, 2026 | Price Decreased |
$239,000
↓ $34K
(12.5%) | |
| Price Decreased | |||
| Jul 7, 2025 | Listed by JLA Realty | $273,000 | |
| Listed by JLA Realty | |||
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Build your coastal dream retreat on this prime bayfront lot with a bulk head located in this exclusive gated community. Enjoy breathtaking water views and peaceful sunrises right from your future patio. This neighborhood offers outstanding amenities including a boat ramp and dock for easy bay access, a sparkling community pool, clubhouse, fitness center, basketball court, tennis court, playground, and picnic areas. Whether you are looking for a weekend getaway or a forever home, this lot offers the ideal setting for relaxation, recreation, and enjoying life on the Texas coast.
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| Oct 22, 2024 | Listed | $275,000 | |
| Listed | |||
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Beautiful cleared waterfront lot in the gated community of Beachside in Palacios. A tranquil community that offers the amenities including a clubhouse, pool, basketball& tennis courts, community fishing piers, playground, biking, RV/boat storage. Golf cart. Buy now and build later with no time restrictions. This lot is perfectly for your custom dream home offering with breathtaking water views and the serenity of coastal living. Enjoy fishing, boating, beautiful sunsets, and waking up to the gentile sounds of the water waves in Beachside, just a few steps from the water! The bulkhead has been installed to prevent erosion and land slide. Lot size is approximate 9,214 sq ft with ocean views, public water, public sewer, and utilities available. Near the Lighthouse Park and fishing pier! Fully paved roads!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017