9
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Lot 2 Wild Turkey 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 27, 2026 | Listed by Keller Williams Elite Realty | $250,000 | |
| Listed by Keller Williams Elite Realty | |||
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Price Decreased |
$219,990
↓ $30K
(12%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed by Re/MaxDiamond Realty | $250,000 | |
| Listed by Re/MaxDiamond Realty | |||
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Discover the perfect opportunity to create your ideal lakefront retreat on this 1.8-acre lot at Hyco Lake. Gently sloping and cleared, this spacious parcel offers a picturesque setting for your future home with an installed 4-bedroom septic system—ready for immediate development.
The property features an approved dock area from the Hyco Lake Authority, allowing you to enjoy the serene waters right from your doorstep. Plus, there's plenty of room for additional structures such as a garage, outbuilding, or boat storage.
Nestled in a peaceful cove, this lot offers a tranquil escape while being just minutes away from popular local spots like Buoys, the Marina, and the State Park. With hard surface access from Wild Turkey Drive and an additional entrance off George's Pt., convenience and privacy are both yours to enjoy.
Don't miss the chance to build your lakefront dream home at Hyco Lake—where relaxation and recreation await!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017