Lot 200 Bay Hill Drive
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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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by Possum Kingdom Real Estate | $59,000 | |
| Listed by Possum Kingdom Real Estate | |||
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Welcome to The Cliff's Resort, and to the lakeview Lot 200 on Bay Hill Drive that backs up to the golf course's 6th hole. It's a fairly level home site so the foundation prep for your new home will be a snap. Inside this gated guarded neighborhood you'll enjoy so many of the amenities including the 18 hole championship golf course, and direct lake access at the communities boat ramp, courtesy boat slips, the marina and ship store, the white sand beach, and swimming area, the swimming pools, the tennis courts, the playground, the restaurant, the Chaparral Grill, the golf pro shop, and the hotel for your overflow guests. Dust off your golf clubs and charge up the batteries in your golf cart and c'mon out and play
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14568902
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