921 13th Street
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 |
|---|---|---|---|
| Jun 1, 2025 | Listed by Century 21 Olympian Area Specialists | $75,000 | |
| Listed by Century 21 Olympian Area Specialists | |||
| Sep 11, 2024 | Listed | $120,000 | |
| Listed | |||
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Located by the tranquil bay, this lot offers an excellent opportunity for coastal living, providing easy access to the water and prime fishing spots. The Lot has been cleared and leveled, and the elevation has been raised. A convenient driveway culvert is in place, and sturdy wood and steel pilings await the construction of your delightful beach cottage, manufactured home, tiny home, or RV. Additionally, the property presents an ideal investment opportunity for coastal boat storage. The seller has arranged for water to be brought to the property, leaving you only to add the tap, and electrical connections are conveniently accessible. San Leon is an area of constant growth and development, and owning this property offers an affordable paradise in one of Texas' most sought-after coastal destinations. This property provides access to a neighborhood boat launch and fishing piers, and San Leon is known for its golf cart-friendly community. Please do not walk the property without permission.
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Last Updated: 2 years ago
Data Source: HAR , MLS# 55343965
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