205 Oak Tree Drive
About This Property
This two story home is the perfect weekend place to retreat to after a long work week. Bedrooms and bathrooms located on both the main floor and 2nd floor. Enjoy phenomenal views while sitting by the fireplace in the 2nd floor living space. Incredible sunrise views and view of the Brazos River valley from the front balcony. After a day on the lake or round of golf enjoy some time relaxing in your own backyard pool.
This home sits just off the fairway #5 of the Cliffs Championship Golf Course. Cliffs property owners enjoy many fabulous amenities including a spa, private beach, and a restaurant, just to name a few.
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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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Jan 22, 2021 | Listed by Clark Real Estate Group | $369,900 | |
| Listed by Clark Real Estate Group | |||
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Your very private retreat awaits you!!
This two story home is the perfect weekend place to retreat to after a long work week. Bedrooms and bathrooms located on both the main floor and 2nd floor. Enjoy phenomenal views while sitting by the fireplace in the 2nd floor living space. Incredible sunrise views and view of the Brazos River valley from the front balcony. After a day on the lake or round of golf enjoy some time relaxing in your own backyard pool.
This home sits just off the fairway #5 of the Cliffs Championship Golf Course. Cliffs property owners enjoy many fabulous amenities including a spa, private beach, and a restaurant, just to name a few.
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| Sep 10, 2020 | No longer available | - | |
| No longer available | |||
| Jul 20, 2020 | Listed | $375,000 | |
| Listed | |||
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The Cliffs Resort is a gated residential community perched 200 feet above beautiful Possum Kingdom Lake. This custom designed home overlooks a deep canyon carved by the Brazos River and you will be treated to panoramic sunrises from your 2d story balcony. The home backs up to the 5th hole of the 18 hole Championship golf course. You will enjoy a serene environment with 24-7 security and onsite amenities including a Marina, a Spa, a fitness center and country club dining. The home's outdoor kitchen, saltwater pool, sauna, gazebo and deck make for a relaxing summer day at home. The manager has listed the unit size as 1872 square feet.
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| Jun 12, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017