Lot 223 Cliffs 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 |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Clark Real Estate Group | $30,000 | |
| Listed by Clark Real Estate Group | |||
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Your chance to own property in THE CLIFF'S RESORT on POSSUM KINGDOM LAKE!! A unique lot near tee box # 13. Enjoy all the amenities of The Cliff's Resort while you build your house on your own timeline. You will love escaping to the nature rich subdivision with breathtaking views of beautiful Possum Kingdom Lake! Come enjoy a round of golf on the championship 18-hole golf course, then relax in one of the 2 beautiful pools on the resort. Enjoy dinner at Chaparral Grille and Spurs Bar.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017