8521 Ocean Drive
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by RE/MAX ONE - Premier | $110,000 | |
| Listed by RE/MAX ONE - Premier | |||
| | |||
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This .83 Acre lot is just waiting for your home. Located in the Barbers Hill School District and 15 minutes from Dining, Entertainment, and grocery options in Baytown and Mont Belvieu. Just off water front, with multiple public boat ramps within a 10 minute drive distance. Electricity and a working well already installed for your convenience. Dont miss out on this great deal.
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| Jan 25, 2024 | No longer available | - | |
| No longer available | |||
| Jun 2, 2023 | Listed by RE/MAX ONE - Premier | $110,000 | |
| Listed by RE/MAX ONE - Premier | |||
| | |||
|
This .83 Acre lot is just waiting for your home. Located in the Barbers Hill School District and 15 minutes from Dining, Entertainment, and grocery options in Baytown and Mont Belvieu. Just off water front, with multiple public boat ramps within a 10 minute drive distance. Electricity and a working well already installed for your convenience. Dont miss out on this great deal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017