4214 Bluewater / County Road 257 Highway
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 |
|---|---|---|---|
| Dec 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 28, 2025 | Listed by Carter Signature Properties | $498,000 | |
| Listed by Carter Signature Properties | |||
| Jan 13, 2024 | Listed by Carter Signature Properties | $498,000 | |
| Listed by Carter Signature Properties | |||
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Embark on an extraordinary journey at Seaside Estates, where this beachfront lot awaits to fulfill your coastal aspirations. Over one-acre lot in Freeport presents a unique opportunity to experience a Signature Experience by the Gulf. Free from HOA fees, these properties offer the freedom to create your perfect beachfront life. Imagine owning a piece of paradise with over 100 feet of pristine beachfront, offering unobstructed, panoramic views of the Gulf of Mexico's shimmering waters. Whether you're a beachcomber, a water sports enthusiast, or someone seeking tranquility, these lots cater to every dream. Picture yourself savoring breathtaking sunsets, enjoying beach bonfires, and making lifelong memories in this serene setting. Please note, a replat of these properties has been completed, but updates in BCAD are still pending. Refer to Lot 4 on the seller-provided Plat for more details. For building information contact agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017