220 Lake Shore Point
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 |
|---|---|---|---|
| Apr 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 19, 2026 | Listed by CB&A, Realtors- Loop Central | $20,000 | |
| Listed by CB&A, Realtors- Loop Central | |||
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Dream It. Build It. Live the Lake Life.
Welcome to your blank-slate getaway at 220 Lakeshore Point—a 6,600 SF lot tucked into the peaceful heart of Polk County. Set in a quiet, well-kept neighborhood with light restrictions (minimum 1,000 SF homes), this spot gives you the best combo: freedom + a quality setting. No HOA, no constant foot traffic, and no close neighbors—just calm, space, and possibility.
Love being near the water? You’re about 200 yards from a private lake with a sandy beach, and only ~2 miles to Lake Livingston for boating, fishing, and full lake weekends. This street has just two properties, and one recently sold for $250K, making this a smart play whether you’re building now or holding for later.
The lot is partially cleared, surveyed, high & dry, and has no known flooding history. Plus—low taxes around $100/year.
Bring your plans, your builder, and your vision. This is where the next chapter gets built.
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| Oct 12, 2025 | Price Increased |
$20,000
↑ $6K
(42.9%) | |
| Price Increased | |||
| Oct 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017