185 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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Clark Real Estate Group | $1,799,000 | |
| Listed by Clark Real Estate Group | |||
| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 26, 2021 | Listed by Compass RE Texas, LLC | $1,899,000 | |
| Listed by Compass RE Texas, LLC | |||
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An absolutely stunning view is only the beginning of what makes this gorgeous 4 bedroom Possum Kingdom home a rare opportunity! Located in the gated Cliffs development, this phenomenal home sits on one of the finest lots on the lake. The property extends out past the adjacent lots, reaching toward the endless water & sky views. The tall windows & balcony offer 180 degree views that include the resort, golf course & the grandeur of the lake. The 1st level living area with bar opens directly to the backyard & the incredible bluff featuring a stone path & gorgeous foliage. The view also includes the storied “Lone Cedar” that conjures images of the Pebble Beach golf course. This is lake living at its finest. The manager has listed the unit size as 3986 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017