Lot 111 Oak Tree 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 |
|---|---|---|---|
| Jun 8, 2021 | Sold | ||
| Sold | |||
| Apr 18, 2021 | Listed by Possum Kingdom Real Estate | $29,850 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
|
Ready to build homesite! Sprawling views of valley below. Come see what this lot has to offer. The Cliffs resort is a gated community perched 200 feet above beautiful Possum Kingdom Lake. There is full-time professional security and amenities include an 18-hole championship golf course, Chaparral Grille and Spurs Bar, marina and ship store, hotel, conference center, spa, fitness center, swimming pools, tennis courts, playground, parks and more. Owners receive 36 complimentary rounds of golf per year.
| |||
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
| Sep 24, 2020 | Price Decreased |
$29,850
↓ $50
(0.2%) | |
| Price Decreased | |||
| Jul 24, 2020 | Price Decreased |
$29,900
↓ $5K
(14.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017