3352 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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Listed by Realm Real Estate Professionals - Katy | $79,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
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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 including: electric, water and sewer! High speed internet available as well! Including a clubhouse, swimming pool, tennis courts, basketball court, playground, three fishing piers, RV/Boat storage ! This is on the beach side with gorgeous water view, the next lot 3356 Bay Point Dr (Lot 169) is also for sale. Beachside is close to all of the shopping, dining, and entertainment that Palacios has to offer. Don't miss out on this opportunity to own a piece of paradise!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017