246 Turnberry Drive #1
About This Property
The manager has listed the unit size as 979 square feet.
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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%.
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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.
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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 26, 2023 | No longer available | - | |
| No longer available | |||
| Sep 10, 2023 | Listed | $229,000 | |
| Listed | |||
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It's Tee Time @ Turnberry Lane in prestigious Pointe Royale Golf Resort! Located in the heart of ''the live entertainment capital of the world!'' This peaceful creekside low-to-no maintenance, turn-key retreat, is the perfect summer getaway for family/friends or opportunity for some passive income! Tucked away in one of Bransons most sought after golf communities, Pointe Royale you'll enjoy award wining golf, community clubhouse, bar & grill, pool, gym, tennis, and numerous hiking trails on property while also being mere minutes from many attractions, including Table Rock Lake, Lake Taneycomo (1.5 mi) & all of the entertainment, shopping & restaurants Branson has to offer. Inside you will be sure to fall in love with the squeaky clean interior, spacious main living area open to beautifully updated kitchen with granite countertops, ample storage and all like new stainless appliances. Living room also boasts cozy wood burning fireplace, light paint palette and walk out to covered back deck with endless views of the golf course, mature hard woods and gently rippling stream. Bonus! Easy walk out access is perfect for an early morning stroll right off your patio or afternoon walk with the fur babies. Back inside discover spacious owners ensuite with suite and walk out to back covered patio. down the hall is also second full guest bedroom, full guest bath, and laundry. All this turn-key without breaking the budget! Speaking of budget, enjoy this unit year round all to yourself or have the opportunity to offset your own vacation with coveted nightly rental zoning. New cherished memories await @ 246 Turnberry Ln in the heart of the rolling Ozarks Hills. The manager has listed the unit size as 979 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2020 | In contract | - | |
| In contract | |||
| Oct 9, 2020 | Listed | $112,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/10/2023
|
Loft
|
2 Bath
|
979 ft²
|
$229,000
Loft
2 Bath
979 ft²
|
-
-
|
Ann Ferguson
Keller Williams - Branson Tri-Lakes
| |
|
02/18/2023
|
Loft
|
2 Bath
|
1051 ft²
|
$225,000
Loft
2 Bath
1051 ft²
|
-
-
|
Justin Oller
Keller Williams Tri-Lakes
| |
|
09/17/2022
|
2 Bed
|
2 Bath
|
979 ft²
|
$215,000
2 Bed
2 Bath
979 ft²
|
-
-
|
Christopher James
Keller Williams Tri-Lakes
| |
|
11/10/2021
|
2 Bed
|
2 Bath
|
1051 ft²
|
$181,900
2 Bed
2 Bath
1051 ft²
|
-
-
|
Dustin Hall
Sunset Realty Services Inc.
| |
|
11/01/2020
|
Loft
|
2 Bath
|
964 ft²
|
$106,000
Loft
2 Bath
964 ft²
|
-
-
|
-
| |
|
10/09/2020
|
Loft
|
2 Bath
|
979 ft²
|
$112,000
Loft
2 Bath
979 ft²
|
-
-
|
-
| |
|
06/01/2019
|
2 Bed
|
2 Bath
|
964 ft²
|
$79,900
2 Bed
2 Bath
964 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017