673 County Road 257
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 |
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| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by RE/MAX Fine Properties | $239,000 | |
| Listed by RE/MAX Fine Properties | |||
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Highly desired lot on MATAGORDA island, on the old river, in the nicely kept Hubert and Watson subdivision. Deed restricted but no HOA, have kept this piece of heaven beautiful throughout the years. Located on a dead-end street, this fabulous waterfront lot offers nice views, nice surrounding homes, and sits directly across the river from Braggs Cut. So, sit out on the pier and watch the boat traffic, nature and relax. Be sure to bring your pole and catch some fish as well. This lot is perfect to build your new beach bungalow, or permanent residence, since many live here year-round on this street. The lot features +/- 55 foot of waterfront and is about +/-155 foot deep. With a pier to fish from, or pull your boat up to, the sky is the limit on what you can create. The Waterway offers GULF access in just minutes and sits nicely between West and East Bay, with Colorado river access as well. Come get what so many want, yet few ever acquire.
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| Jul 25, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Full Stringer Realty | $189,000 | |
| Listed by Full Stringer Realty | |||
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Gorgeous waterfront lot across from Braggs cut on the Colorado River, just south of the intracoastal waterway. Build your dream home tucked away in the Hubert Watson Subdivision. State boat ramp and bait shop minutes away for the fishermen among you. Short drive the Matagorda beach and explore 20 plus miles of beach and coastal fun! Come and view this lot for your dream home! Deed Restricted.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017