18
Map
1008 Bluff Creek Drive
About This Property
The location provides convenient access to lake activities including boating, fishing, swimming, and paddle boarding, while nearby amenities such as dining, marinas, and scenic trails make lake life easy and enjoyable. This is also a great option for buyers who want to take advantage of the investment potential at Possum Kingdom, where demand for lake properties continues to grow.
Buy this lot alone or buy all three for even more possibilities!
Bring your builder and imagine a place where mornings start with quiet coffee on your porch and evenings end with unforgettable sunsets reflecting off the water. This lot gives you the chance to create not just a home but a lifestyle.
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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 |
|---|---|---|---|
| Nov 13, 2025 | Listed by Smart Realty | $175,000 | |
| Listed by Smart Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017