414 Seagrass
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 |
|---|---|---|---|
| Feb 17, 2026 | No longer available | - | |
| No longer available | |||
| Sep 6, 2025 | Price Decreased |
$239,900
↓ $10K
(4%) | |
| Price Decreased | |||
| Jun 11, 2025 | Price Decreased |
$250,000
↓ $19K
(7.1%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed by eXp Realty LLC | $269,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Build your dream luxury home at Seagrass Beach, one of Bolivar Peninsula's most exclusive and luxurious waterfront communities. With only 35 carefully selected lots, each offering unobstructed, panoramic views of the Gulf of Mexico. Seagrass boasts exquisite beach house designs that redefine coastal living, offering you the chance to secure one of the most beautiful and coveted lots along the Texas coast. In addition to the pristine beaches and endless outdoor activities, Seagrass residents and their guests will enjoy an array of upscale amenities, including an elevated beachfront resort-style pool with an infinity edge, six private poolside cabanas, lush landscaping, a cozy fire pit, and serene fishing ponds. Don't miss your chance to experience the perfect blend of luxury and natural beauty at Seagrass.
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| Feb 22, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017