4238 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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Beachfront lot • Unobstructed Gulf views • Over 1 Acre Lot.
Wake up to waves and endless horizon views from this prime beachfront lo. Offering direct access to the sand and panoramic Gulf of Mexico views, this homesite is ideal for your dream coastal retreat, vacation rental, or investment property. The property’s generous width allows flexible design for a spacious home, wrap-around decks, and ground-level entertainment area beneath your elevated build. Utilities are available. Enjoy both sunrise and moonlit views over the Gulf with water access just steps from your future front porch. Conveniently located along Bluewater Highway near San Luis Pass, Surfside Beach, and Bridge Harbor Marina, this lot blends privacy, beauty, and accessibility in one of the Texas coast’s most desirable beachfront communities—ready for your architectural vision. Lot corresponds to Lot 10 on the provided seller’s Plat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017