Lot 151 Bay Hill 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 |
|---|---|---|---|
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | Listed by Coldwell Banker Realty | $359,000 | |
| Listed by Coldwell Banker Realty | |||
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One of the few remaining Cliff Line build sites on Prestigious Bay Hill Drive in The Cliffs Resort. Soaring high above the blue waters, this site offers awe inspiring views on reasonably level topo for ease of build. The Cliffs Resort boasts many amenities including an 18 hole Championship Golf course, full-time security, Chaparral Grille, Marina and Ship Store, Hotel, Conference center, Spa, Fitness Center, 2 Swimming pools, Tennis, Playground, Parks and more. Owners receive 36 complimentary rounds of golf per year. Hurry this one won't last long!
Photos coming soon!
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14598515
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017