Lot 11 Creek Bridge Way
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 31, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Oct 26, 2024 | Listed by Lambert Realty and Development | $2,595,000 | |
| Listed by Lambert Realty and Development | |||
| Jun 12, 2024 | No longer available | - | |
| No longer available | |||
| Jun 14, 2023 | Listed by Lambert Group Real Estate | $2,595,000 | |
| Listed by Lambert Group Real Estate | |||
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Rare Lake front lot with Gulf Views in Watersound Beach!! Amazing opportunity to own one of the last Lake Front lots in the community! This spectacular homesite has a natural viewing corridor facing south towards the beach and will allow for beautiful views of Camp Creek Lake and the Gulf of Mexico. The property will convey with existing house plans that were masterfully designed by Chris Stoyles with Archiscapes. The house plans call for 3,297 sq ft of heated and cooled space with an open concept layout and will include 5 bedrooms, 6 baths, a secondary living area, lake side porches and 2 single garages! Possible to add a pool if so desired. Please inquiry for additional information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017