521 Beachfront Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| May 4, 2026 | Relisted | $799,000 | |
| Relisted | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by Full Stringer Realty | $799,000 | |
| Listed by Full Stringer Realty | |||
| Nov 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 11, 2025 | Listed by Full Stringer Realty | $799,000 | |
| Listed by Full Stringer Realty | |||
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Majestic beach views from this home located in the Sterling Shores Subdivision of Matagorda. Walk out on to three separate porches w/beach views as well as east bay! BRAND NEW ROOF! Come and view your new dream home on the beach awaiting your friends and family to arrive. This home could be your permanent home on the beach, or a secondary home utilized for rentals. The open concept lends itself to entertaining and beach memories! Granite countertops with stainless steel appliances. Upstairs has a spacious game room/tv room/two bedrooms with spectacular views of the beach. Walk out onto the upper porch and take in the panoramic views of the gulf. Imagine yourself waking up and viewing the beach and in a few minutes, you can be on the beach walking and enjoying the serenity. Matagorda beach has miles to explore via walking or driving to have fun on the beach! Bonus to have an elevator included. Parking available under home. Make an appointment to view this impressive property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017