B2-Lot 43 Bay Point Drive
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 |
|---|---|---|---|
| Feb 12, 2025 | No longer available | - | |
| No longer available | |||
| Aug 15, 2024 | Listed by Wied Realty | $69,000 | |
| Listed by Wied Realty | |||
| Jul 21, 2021 | No longer available | - | |
| No longer available | |||
| Jan 20, 2021 | Listed by RE/MAX Land & Homes on the Bay | $99,900 | |
| Listed by RE/MAX Land & Homes on the Bay | |||
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Beautiful Waterfront lot with amazing views of the bay. Close to private community fishing pier, several boat ramps nearby to get your boat to Port O'Connor and great fishing. Easy access to town and two hours from Houston. Community offers paved roads, underground utilities and GBRA water is available. With no time limit to build. Get your waterfront dream lot before prices rise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017