Lot 85 Waypoint Boulevard
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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 28, 2023 | Sold | ||
| Sold | |||
| May 21, 2023 | Listed by Keller Williams Hou Preferred | $119,995 | |
| Listed by Keller Williams Hou Preferred | |||
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Looking for your own secluded piece of waterfront view paradise??? Then look no more! This beautiful spot over looks Turtle Bay which is located on Waypoint Landing subdivision. You get over 7 acres has endless opportunities from building your dream home or weekend relaxation getaway home. This cleared lot comes with electricity and public water already set. Come and enjoy this beautiful piece of land.
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About Matagorda
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Last Updated: 6 months ago
Data Source: HAR , MLS# 38004242
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017