607 Bay 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 |
|---|---|---|---|
| Jul 31, 2026 | Listed by United Real Estate | $107,000 | |
| Listed by United Real Estate | |||
| Jun 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 8, 2025 | Listed by Coldwell Banker Realty - Houston Bay Area | $112,000 | |
| Listed by Coldwell Banker Realty - Houston Bay Area | |||
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| May 30, 2017 | Sold | ||
| Sold | |||
| Jan 8, 2017 | Listed by Keller Williams New Braunfels | $89,000 | |
| Listed by Keller Williams New Braunfels | |||
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This Bay Front, dockable lot has an amazing view. If you want to escape the big city, you have found it! Palacios is small and known for the fishing and is the Shrimp Capital of TX! Some pics are from our pier (lot 37) with views over looking Turtle Bay and from the bay. Did I mention we have a lot of fun with meet and greets and numerous activities. Relax on your deck and enjoy a glass of wine while watching the Dolphin swim by. Community pier. 3 hours from SA and 1 from Houston. Call Marcella 830-832-387
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017