Lot 189 Melbourne Trail
About This Property
Property owners in the Cliffs enjoy a number of fabulous amenities. Also, for Cliffs property owners are complimentary rounds of golf.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Apr 4, 2020 | Listed by Clark Real Estate Group | $30,000 | |
| Listed by Clark Real Estate Group | |||
| | |||
|
Property on Melbourne Trail has one of the most beautiful views in the Cliffs Resort. There are 3 adjoining lots here that owner will sell together or separate. A two story build here will have a beautiful view of Neeleys Slough.
Property owners in the Cliffs enjoy a number of fabulous amenities. Also, for Cliffs property owners are complimentary rounds of golf.
| |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Dec 19, 2018 | Listed | $35,000 | |
| Listed | |||
| | |||
|
Perfect lot for your future lake home. This lot overlooks beautiful Neely's slough. This lot and the 2 next to it are for sale. Owner will sell separately or together. Build your dream home here and enjoy the view and all the Cliffs amenities.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Palo Pinto
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14316781
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017