155 Little River Bend
About This Property
Enjoy easy access to the water with a small private dock, perfect for fishing, tying up a boat, or simply unwinding by the lake. The lot is less than a block from a private boat ramp, offering convenience for boating and water recreation. Manufactured homes are allowed, giving you flexible building options to suit your lifestyle and budget.
Surrounded by natural beauty and located in a quiet, relaxing area, this lot is priced below appraised value by motivated sellers, making it an exceptional deal. Whether you're looking to build, invest, or escape to the water, this rare waterfront gem won't last long.
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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 20, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | Listed by Keller Williams Heritage West | $79,000 | |
| Listed by Keller Williams Heritage West | |||
| Dec 28, 2024 | No longer available | - | |
| No longer available | |||
| Aug 23, 2024 | Price Decreased |
$99,700
↓ $27K
(21.5%) | |
| Price Decreased | |||
| Jun 27, 2024 | Listed by Keller Williams Heritage West | $127,000 | |
| Listed by Keller Williams Heritage West | |||
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Incredible opportunity to own a water front lot on a large, protected cove at Cedar Creek Reservoir. Gorgeous lot with 60 feet plus of shoreline. The stunning water front lot gives you the rare chance to build your dream lake home, relaxing weekend getaway, or short term rental. Manufactured Homes allowed. Less than a block away from a private boat ramp. Property has a small dock for tying up or fishing from your own back yard. Beautiful water views. Priced to sell below appraised value by motivated sellers.
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20921659
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