4915 County Road 227
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 |
|---|---|---|---|
| Oct 22, 2024 | Listed by Olympus/Nelson Realty | $549,500 | |
| Listed by Olympus/Nelson Realty | |||
| Sep 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 26, 2024 | Listed by American Realty | $549,500 | |
| Listed by American Realty | |||
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Welcome to your oasis on Bastrop Bayou! This 3-bedroom, 1-bathroom home is Situated on a 3.11-acre lot, this property boasts serene waterfront views and direct access to the Intercoastal Waterway, making it a boater's paradise. Imagine spending your days exploring the waterways, fishing, or simply enjoying the peaceful ambiance of bayou living. With just a 20-minute boat ride to reach offshore, the possibilities for adventure are endless.
This property also presents an exciting opportunity for revenue generation. Featuring a fully functioning bar that temporarily closed during the pandemic, you have the chance to revive this space and create a thriving waterfront business. Escape the hustle and bustle of city life as this gem is located outside city limits, offering a sense of seclusion while still being within reach of everyday conveniences.
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| Apr 25, 2024 | No longer available | - | |
| No longer available | |||
| Apr 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017