3368 Bay Point
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 |
|---|---|---|---|
| Aug 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 11, 2026 | Listed by Keller Williams Signature | $60,000 | |
| Listed by Keller Williams Signature | |||
| Apr 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 13, 2026 | Listed by Keller Williams Signature | $60,000 | |
| Listed by Keller Williams Signature | |||
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Welcome to 3368 Bay Ridge Drive! A vacant lot located in the Beachside subdivision of Palacios, Texas. This premier waterfront community offers residents a relaxed coastal lifestyle, complete with amenities such as a swimming pool, tennis and basketball courts, and three public fishing piers. The subdivision features concrete roads with curbs, underground utilities—including electric, water, and sewer—and high-speed internet availability. Palacios, known as the "Shrimp Capital of Texas," provides fresh seafood, local restaurants, grocery stores, and coffee shops, all within a short drive. For those seeking a serene coastal retreat with modern conveniences, 3368 Bay Ridge Drive presents an ideal opportunity to build a dream home in a vibrant and welcoming community.
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| Feb 13, 2026 | Listed by Keller Williams Signature | $60,000 | |
| Listed by Keller Williams Signature | |||
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Welcome to 3368 Bay Ridge Drive! A vacant lot located in the Beachside subdivision of Palacios, Texas. This premier waterfront community offers residents a relaxed coastal lifestyle, complete with amenities such as a swimming pool, tennis and basketball courts, and three public fishing piers. The subdivision features concrete roads with curbs, underground utilities—including electric, water, and sewer—and high-speed internet availability. Palacios, known as the "Shrimp Capital of Texas," provides fresh seafood, local restaurants, grocery stores, and coffee shops, all within a short drive. For those seeking a serene coastal retreat with modern conveniences, 3368 Bay Ridge Drive presents an ideal opportunity to build a dream home in a vibrant and welcoming community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017