Lot 132 Bay Hill
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 16, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Century 21 Mike Bowman, Inc. | $34,900 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
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Discover the perfect canvas for your dream home with this unimproved lot located in the prestigious Cliffs Resort at Possum Kingdom Lake. This prime piece of real estate offers a waterview from the second story, allowing you to take in the serene beauty of the lake right from your future home. Surrounded by mature trees, this lot provides both privacy and a picturesque setting. Key features include, breathtaking views, prime location, and pure natural beauty! Resort amenities include, 36 rounds of golf, security at the entrance, marina, beach, swimming pools, discounts and so much more! Build your dream home in this idyllic setting and enjoy a lifestyle of luxury, leisure, and natural beauty. Whether you’re an avid golfer, a nature enthusiast, or simply looking for a peaceful retreat, this lot at The Cliffs Resort offers it all.
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Listed by Clark Real Estate Group | $25,000 | |
| Listed by Clark Real Estate Group | |||
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The views from your two story home will be endless. Beautiful view of the dam, the Brazos River Valley, and hole #5. Bay Hill is the most sought after address in the Cliffs Resort. Property owners enjoy golf, a restaurant, 2 swimming pools, tennis, spa, gym, hotel, condos, and newly renovated marina.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017