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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 |
|---|---|---|---|
| Aug 12, 2026 | Listed by XL Legacy International | $145,000 | |
| Listed by XL Legacy International | |||
| Apr 1, 2025 | Listed by XL Legacy International | $164,000 | |
| Listed by XL Legacy International | |||
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Beautiful location to build your custom designed bay home with unobstructed Wetland views and scattered views of West Galveston Bay! The homesites on each side of this property are owned by the neighboring homes giving you added privacy. A great opportunity to secure your future home next to a cul-de-sac with amazing sunset & sunrise views. Direct access to HW's South Channel, the ICW and West Galveston Bay not to mention the excellent fishing right in your backyard! 74' of waterfront, minimum of 2500 sq ft to build, allows up to a 27' boathouse, no time frame to build and choose your own builder. Harborwalk is an exclusive gated waterfront community on West Galveston Bay offering state of the art amenities including a 7 bedroom Lodge, full service marina with yacht club, swim center, Flamingo Bar, ship's store with fuel, fresh bait & deli, boat ramp, miniature golf, hike & bike trails, community events & so much more. HW offers the BEST list values on the bay, call for details!
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| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed | $164,000 | |
| Listed | |||
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Beautiful location to build your custom designed bay home with unobstructed Wetland views and scattered views of West Galveston Bay! The homesites on each side of this property are owned by the neighboring homes giving you added privacy. A great opportunity to secure your future home next to a cul-de-sac with amazing sunset & sunrise views. Direct access to HW's South Channel, the ICW and West Galveston Bay not to mention the excellent fishing right in your backyard! 74' of waterfront, minimum of 2500 sq ft to build, allows up to a 27' boathouse, no time frame to build and choose your own builder. Harborwalk is an exclusive gated waterfront community on West Galveston Bay offering state of the art amenities including a 7 bedroom Lodge, full service marina with yacht club, swim center, Flamingo Bar, ship's store with fuel, fresh bait & deli, boat ramp, miniature golf, hike & bike trails, community events & so much more. HW offers the BEST list values on the bay, call for details!
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| Aug 25, 2023 | Listed by XL Legacy International | $164,000 | |
| Listed by XL Legacy International | |||
| | |||
|
Beautiful location to build your custom designed bay home with unobstructed Wetland views and scattered views of West Galveston Bay! The homesites on each side of this property are owned by the neighboring homes giving you added privacy. A great opportunity to secure your future home next to a cul-de-sac with amazing sunset & sunrise views. Direct access to HW's South Channel, the ICW and West Galveston Bay not to mention the excellent fishing right in your backyard! 74' of waterfront, minimum of 2500 sq ft to build, allows up to a 27' boathouse, no time frame to build and choose your own builder. Harborwalk is an exclusive gated waterfront community on West Galveston Bay offering state of the art amenities including a 7 bedroom Lodge, full service marina with yacht club, swim center, Flamingo Bar, ship's store with fuel, fresh bait & deli, boat ramp, miniature golf, hike & bike trails, community events & so much more. HW offers the BEST list values on the bay, call for details!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017