1040 Bluff Creek 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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Possum Kingdom Real Estate | $859,000 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
|
CHARMING, FABULOUS FURNISHED, TURN KEY STR, PK WATERFRONT CABIN WITH DOCK, set in the Rustic Setting of the N.Tx Hill Country, surrounding PK Lake. With Captivating Lake & Bluff Creek views, this secluded, lovely Lake Escape, 2bd, 1ba Satterwhite Log Cabin with 2 Murphy beds & 2 Futon Couches, can sleep 16, and has been an Evolve, Overnight Rental, and a wonderful Weekend Family Retreat. Relax and Recharge on the Covered Back Porch and savor the Spectacular Sunrises & Sunsets of Pk, and gaze at the Starry Nights from the Adirondack Chairs around the Fire Pit, the pair of Swinging Sky Chairs and the Hammock Lakeside. The Light and Bright Cabin has a wonderful Open Concept Design with Vaulted Ceiling and big Lake View Picture Windows, with Wood Burning Fireplaces in both the Living Room & Primary Bedroom for those chilly Tx nights. The Dock sits on 12-14Ft of water & has 1 Platform Lift and 2 Jet Ski Lifts. This is a must see piece of PK Paradise, with a slab to add on next to the Cabin.
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| Sep 4, 2019 | No longer available | - | |
| No longer available | |||
| Aug 30, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017