2044 Bluff Creek 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 |
|---|---|---|---|
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Nov 28, 2020 | Listed by MIKE POWELL REAL ESTATE | $125,000 | |
| Listed by MIKE POWELL REAL ESTATE | |||
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Two lots platted together into one 1.7 acre tract. Privacy and seclusion is here. Nicely treed for your very own private hideaway. 264 feet of shoreline. Water & Sewer, Electricity is located at the road. Build your dream lake house right here.
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| May 7, 2020 | No longer available | - | |
| No longer available | |||
| May 9, 2019 | Listed | $70,000 | |
| Listed | |||
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Stunning views from this double lot overlook the craggy cliffs of Bluff Creek. The creek leads directly to the Marina. The water is about 8' at normal lake levels. Turkey and wild mountain sheep have been spotted frequently from the property and wildlife abounds in all surrounding area. Easy access to the main lake and all the HOA facilities are included. The left side of the property slopes gently down to a cliff about 50' above the creek below. On the right side it slopes rapidly down to a flat area about 10' above the creek. The topography of the lot allows for a choice of building sites all with views of the water and the cliffs across the way. Can sub-divide to two lots. Seller is very motivated!!
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| Jan 12, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017