711 Bayridge Road
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by Mosswood Properties, LLC | $895,000 | |
| Listed by Mosswood Properties, LLC | |||
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Stunning Waterfront Home on Upper Galveston Bay, built in the Eastlake style (circa 1900), at over 20’ of elevation. The home is close to the Houston Yacht Club and featured in several books and articles about the Morgan’s Point neighborhood, which is listed on the National Registry of Historic Places, and home to the “Yellow Rose of Texas." This breathtaking piece of history still features original stained glass while boasting 12 foot ceilings and all new Interior. A Formal Entryway leads guests directly to the Great Room. Adjacent is a Master Suite and Kitchen – each containing their own Ante-room. The home also features a Formal Ballroom (31 feet by 24 feet) for hosting events and gatherings. The interior is finished with Bright whites, wood floors, and picture windows that connect each guest with the surrounding landscape and provide an invigorating experience to this Coastal dream home. Attached three-car garage and additional parking provide endless opportunities to this estate.
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| Sep 2, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2019 | Listed by Mosswood Properties, LLC | $850,000 | |
| Listed by Mosswood Properties, LLC | |||
| | |||
|
Stunning Waterfront Home on Upper Galveston Bay, built in the Eastlake style (circa 1900), at over 20’ of elevation. The home is close to the Houston Yacht Club and featured in several books and articles about the Morgan’s Point neighborhood, which is listed on the National Registry of Historic Places, and home to the “Yellow Rose of Texas." This breathtaking piece of history still features original stained glass while boasting 12 foot ceilings and all new Interior. A Formal Entryway leads guests directly to the Great Room. Adjacent is a Master Suite and Kitchen – each containing their own Ante-room. The home also features a Formal Ballroom (31 feet by 24 feet) for hosting events and gatherings. The interior is finished with Bright whites, wood floors, and picture windows that connect each guest with the surrounding landscape and provide an invigorating experience to this Coastal dream home. Attached three-car garage and additional parking provide endless opportunities to this estate.
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About Bay Ridge Park
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Last Updated: 5 months ago
Data Source: HAR , MLS# 16314161
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