$699,900 Last Listed Price
●
House -
Off Market
421 Bayridge Road
La Porte, TX 77571
5 Beds
3 Baths,
3
Half Baths
3,877 Ft²
$4,675
Est. Monthly
About This Property
Step away from the city hustle & slip into the respite of private
coastal serenity. Nestled in the exclusive coastal nook of historic
Morgan's Point, a small township focused on peaceful living
w/private access waterfronts, expansive views of Galveston Bay &
prevailing gulf breezes. This remarkable Coastal Farmhouse was
designed w/relaxation, comfort & accommodation as its primary
purpose. The Great Room overlooking the bay makes for memorable
gatherings w/family & friends. The multi-level layout creates
opportunities for groups to gather while still providing separation
w/the lower-level den or upper-level loft. The outer deck
w/swim-spa welcomes you w/the gulf breeze & breathtaking bay view.
The 5 bedrooms are tucked away in the back of the upper level
creating quiet & privacy. A 3 car garage & long drive provide ample
storage & parking. At 22' above sea-level, 80' setback from the
shoreline & an auto-run generator, this home has been undaunted by
storms for over 40 years.
Unit Size
3,877 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$181
Property Type
House
Property Taxes
$1,238
HOA Dues
-
Year Built
1980
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #15320413)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2024 | Relisted | $699,900 | |
| Relisted | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by eXp Realty LLC | $699,900 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Step away from the city hustle & slip into the respite of private coastal serenity. Nestled in the exclusive coastal nook of historic Morgan’s Point, a small township focused on peaceful living w/private access waterfronts, expansive views of Galveston Bay & prevailing gulf breezes. This remarkable Coastal Farmhouse was designed w/relaxation, comfort & accommodation as its primary purpose. The Great Room overlooking the bay makes for memorable gatherings w/family & friends. The multi-level layout creates opportunities for groups to gather while still providing separation w/the lower-level den or upper-level loft. The outer deck w/swim-spa welcomes you w/the gulf breeze & breathtaking bay view. The 5 bedrooms are tucked away in the back of the upper level creating quiet & privacy. A 3 car garage & long drive provide ample storage & parking. At 22’ above sea-level, 80’ setback from the shoreline & an auto-run generator, this home has been undaunted by storms for over 40 years.
| |||
Property Highlights
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With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grandview
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Listed by: Jimmy Franklin, eXp Realty LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 15320413
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Last Updated: 5 months ago
Data Source: HAR , MLS# 15320413
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