5 Private Road 652
About This Property
*** Please do not go on the boat dock or access the property without permission. The property is being sold AS-IS ***
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Cap Rate Calculator
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 19, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by LPT Realty, LLC | $150,000 | |
| Listed by LPT Realty, LLC | |||
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This property is ideally situated on Caney Creek & is a bulkheaded lot with a boat dock & an old fishing cabin. With some elbow grease, the cabin & boat dock can be restored to a stunning home away from home. Sargent is home to some of the best fishing in Texas & is a great place for bird watching!! This property is an angler's dream catch... Fish from the back of your property, boat down to Matagorda Bay or the Gulf of Mexico. Just a short drive to Sargent Beach, restaurants, bait camps, and two dollar stores are located less than a mile outside the community for quick access to necessities. Lot 77 is the designated community boat ramp. Buyers are to complete all necessary research and conduct proper verification of information that is important to them.
*** Please do not go on the boat dock or access the property without permission. The property is being sold AS-IS ***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017