4230 Bluewater / County Road 257
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 | |||
| Jul 21, 2023 | Listed by Carter Signature Properties | $498,000 | |
| Listed by Carter Signature Properties | |||
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Welcome to Seaside Estates! Imagine waking up to the soothing sound of waves and basking in the warm sun on your private beachfront oasis. This one-of-a-kind over an acre beachfront lot in Freeport, is your gateway to the ultimate coastal lifestyle. Say goodbye to the restrictions of HOA fees and embrace the freedom to design and create your dream retreat. With over 100 feet of beachfront, the panoramic views of the sparkling Gulf of Mexico are truly breathtaking. Whether you're an avid beachcomber, water sports enthusiast, or simply seeking serenity, this property has it all! If you're looking for a vacation haven or a forever home, this beachfront lot provides a signature experience like no other. Picture yourself savoring sunsets, hosting beach bonfires, and creating cherished memories with family and friends.
A replat of the property has occurred and the tax/legal description has not been updated in BCAD. See Lot 8 on Plat. Drive by Today!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017