4234 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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Discover the essence of coastal living at Seaside Estates in Freeport, a beachfront haven where your vision of a Seaside retreat becomes tangible. This exceptional property, spanning over an acre, sits directly on the beach, offering a unique opportunity to create your bespoke coastal abode, unfettered by HOA regulations. With an impressive 100+ feet of direct beachfront, the lot opens up to sweeping, unimpeded vistas of the Gulf of Mexico’s shimmering waters. It’s an idyllic setting for those who adore the beach lifestyle. Imagine your life here, punctuated by breathtaking sunsets, cozy beach bonfires, and memory-making moments with loved ones. Please note, a replat of this property is currently underway, with updates to be reflected in BCAD shortly. This lot corresponds to Lot 9 on the provided seller’s Plat. For details on building possibilities reach out to agent and plan your visit today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017