9
Map
120 Oak Tree Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 25, 2026 | Price Decreased |
$549,000
↓ $126K
(18.7%) | |
| Price Decreased | |||
| Feb 22, 2024 | Listed by Mike Powell Real Estate | $675,000 | |
| Listed by Mike Powell Real Estate | |||
| May 5, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Lake Homes Realty, LLC | $49,000 | |
| Listed by Lake Homes Realty, LLC | |||
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This property offers amazing vistas overlooking the Brazos River valley and gorgeous trees covering the rolling hillsides found in this part of Palo Pinto County, not to mention the breathtaking star-lit skies at night! Situated on a quiet street just off of the #5 green of the acclaimed Cliffs Resort Golf Course, this lot would be an ideal spot for building the home of your dreams. Property owners can enjoy a nice array of amenities, including complimentary golf rounds, discounts to the pro-shop, restaurants & ship store, use of the marina & private beach with access to Possum Kingdom Lake, on-site dining, and much more. If golf and lake life are a combination you'd enjoy, this could be THE PLACE for you! If you enjoy watching wildlife, birds, and other nature-loving aspects of life, this piece of PK Paradise would be a great fit! There is no time limit for building, and you can bring your own builder to create your perfect lake place, retirement spot, or new full-time home at PK.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017