8080 Highway 457
About This Property
Enjoy beautiful bay canal views from this unique property offering three spacious lots, a private boat ramp, and a mobile home already in place. Whether you're looking for a weekend getaway, investment opportunity, or a place to build your dream waterfront retreat, this property offers incredible potential.
With direct access to the water, boating, fishing, and relaxing sunsets can be part of your everyday life. The multiple lots provide flexibility for expansion, additional structures, or future development. The existing mobile home offers immediate use while you plan your vision.
Conveniently located with peaceful surroundings, this is a rare chance to own a multi-lot waterfront property with valuable amenities already included.
Bring your ideas and make this bay canal property your own!
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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$205,000
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Apr 4, 2026 | Listed by JLA Realty | $210,000 | |
| Listed by JLA Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017