1020 Cliffs 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 |
|---|---|---|---|
| Mar 8, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by Coldwell Banker Realty | $300,000 | |
| Listed by Coldwell Banker Realty | |||
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Check out this Gorgeous Waterfront Build site. One of the few undeveloped waterfront lots available. This Ideal locale is perfect for your dream home, all within the amenity rich Cliffs Resort on Possum Kingdom Lake. Just over half acre, this property offers ample opportunity to take in the crystal blue water and awe inspiring views. Choose your own builder and there is no time limit on start of construction. The Cliffs Resort boasts many amenities including an 18 hole Championship Golf course, full-time security, Chaparral Grille, Marina and Ship Store, Hotel, Conference center, Spa, Fitness Center, 2 Swimming pools, Tennis, Playground, Parks and more. Owners receive 36 complimentary rounds of golf per year. Hurry this one won't last long!
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| Feb 25, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2021 | Listed by Lake Homes Realty, LLC | $185,000 | |
| Listed by Lake Homes Realty, LLC | |||
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Incredible opportunity to own a waterfront lot located in the Cliffs Resort. This is a spectacular property that tiers down to the water. This would make for a fabulous build site. Clearing of a few trees would open this incredible view wide open. Build your vacation or permanent home and enjoy rounds of golf or just lounge by the community pool.
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| Apr 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017