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Map
2005 Hells Gate Loop
About This Property
Residents will enjoy a wealth of recreational facilities including access to the neighborhood marina, perfect for boating enthusiasts, as well as tennis courts, a sparkling pool, and a clubhouse. Whether you're looking to build your dream home or seeking a investment opportunity, this lot offers a lifestyle filled with leisure and luxury.
Adding to its appeal, the seller is open to considering owner financing. Embrace the chance to create your own paradise in this exquisite location.
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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 24, 2026 | Listed by The Property Shop | $79,900 | |
| Listed by The Property Shop | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 14, 2025 | Price Decreased |
$79,900
↓ $10K
(11.1%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed by The Property Shop | $89,900 | |
| Listed by The Property Shop | |||
| | |||
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SELLER FINANCING AVAILABLE. LOT CAN BE SPLIT BACK INTO TWO!! Discover the perfect blend of natural beauty and exceptional amenities with this stunning corner lot, ideally situated near the marina. This property offers breathtaking views due to its elevated position on a gentle slope, leading down to a charming, seasonal creek bordered by stepped limestone. The unique topography ensures not only privacy but also picturesque sunsets that transform each evening into a serene escape.
Residents will enjoy a wealth of recreational facilities including access to the neighborhood marina, perfect for boating enthusiasts, as well as tennis courts, a sparkling pool, and a clubhouse. Whether you’re looking to build your dream home or seeking a investment opportunity, this lot offers a lifestyle filled with leisure and luxury.
Adding to its appeal, the seller is open to considering owner financing. Embrace the chance to create your own paradise in this exquisite location.
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| Nov 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017