57 Marlin Lane
About This Property
Enjoy canal-front living with direct access to the Freeport Intracoastal Waterway from this spacious 3-bed, 3.5-bath home with bonus flex room in Bridge Harbor. Offering approx. 2,374 sq ft of living space, this property combines open-concept design and wide water views for the ultimate coastal lifestyle. Walls of windows frame the canal and bay, filling the home with natural light. Expansive decks create perfect outdoor spaces for sunsets, gatherings, and quiet mornings by the water. The oversized 2-car garage provides ample room for boats, trailers, or golf carts. Inside, the flexible layout includes multiple living areas ideal for guests or short-term rental potential. Whether you're seeking a full-time residence, weekend escape, or income-producing property, this home delivers unbeatable access to boating, fishing, and the Gulf-all from your own backyard.
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Price Decreased |
$449,000
↓ $36K
(7.4%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed by Carter Signature Properties | $485,000 | |
| Listed by Carter Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017