418 W 1st Street
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 |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Price Decreased |
$165,000
↓ $10K
(5.7%) | |
| Price Decreased | |||
| Oct 15, 2025 | Listed by Keller Williams Realty Metropolitan | $175,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Just minutes from Freeport Beach, Surfside Beach, and the Brazos River, this beautifully updated ranch-style retreat offers a relaxed coastal lifestyle with modern comfort. Ideal for weekend getaways or year-round living, the single-story layout has been thoughtfully refreshed with numerous upgrades. Recent enhancements include freshly framed and painted windows, new cabinetry with stylish hardware, a modern kitchen sink, and fully replaced PEX plumbing. New water heater and stainless steel appliances provide everyday ease, while updated ceiling fans and lighting add a bright, breezy ambiance throughout. Enjoy quiet mornings on the charming covered front porch, or unwind after a day of fishing on the extended covered back patio, perfect for grilling and gatherings. A detached 2-car garage offers ample space for vehicles, boats, or gear. With quick access to beaches, boat ramps, and fishing spots, this property is a true coastal gem. Schedule your showing today and embrace the salt air!
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| Oct 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017