4535 Bayshore 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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | Listed by Texas Best Brokerage | $725,000 | |
| Listed by Texas Best Brokerage | |||
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A waterfront home situated on two lots overlooking Drum Bay, awaits a new owner yearning to access some of the best fishing spots on the entire gulf coast by boat, jet ski, or kayak. This home was completely renovated inside and out less than 4 years ago. Renovations included: kitchen, bathrooms, laundry room, closets, flooring, electrical, pex plumbing, water heater, paint, siding, windows, pilings, roof, sprinkler system, elevator, mosquito mister, and concrete driveway & parking. RV hook ups with complete 50amp and full utility connections. New wellhouse, Culligan water softener, Ground floor bathroom and storage garage for your golf cart. Extra storage lot across the street also included in the sale. Schedule a showing today of this VERY RARE find just steps from the beachfront.
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| Feb 26, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by American Realty | $460,000 | |
| Listed by American Realty | |||
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ATTENTION FISHERMEN! TURN KEY AT ITS BEST! Absolutely beautiful view of the bay. It's like buying new construction since it was totally redone April/2020. The renovation includes: siding, extended porch, roof replacement, soffitt replacement with new receptacles that are wired to timers, LED recessed lighting, 6 zone sprinkler system on smart timers, concrete driveway, 50 amp RV hook up with water & septic, new wellhouse with concrete base to elevate the water tank, Culligan water softener to the whole house including outdoor spigots, ground floor full bath, storage area with automatic door opener & floor drains. Fully permitted bulkhead, pier & boathouse with lift. House includes updated electrical, plumbing with C-Pex, water heater, all windows are Storm Breakers (no boarding up required), ceramic wood look tile flooring, all lighting is LED, HVAC system & Dolomite counters. There is a list attached in the documents for more details. Schedule your private viewing today!
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| Apr 21, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017