455 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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2023 | Listed by Full Stringer Realty | $399,000 | |
| Listed by Full Stringer Realty | |||
| | |||
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Waterfront property tucked away in the deed restricted Hubert Watson Subdivision. Spacious for rentals with four bedrooms and two baths. Fishing pier with bulkhead. Open concept with living and kitchen with bedrooms on each side. Screened back porch for enjoying views and watch the fishing poles. Boat Cover. Fenced yard. Easy drive to the Matagorda beach with miles of fun in the sun. Easy access to the bays in your boat. Public boat ramp at end of subdivision for ease of boat launching.
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| Apr 25, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | Listed by Full Stringer Realty | $449,000 | |
| Listed by Full Stringer Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017