3061 Hells Gate Loop #12
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%.
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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.
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 |
|---|---|---|---|
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Jun 21, 2022 | In contract | - | |
| In contract | |||
| Jun 15, 2022 | No longer available | - | |
| No longer available | |||
| Jun 11, 2022 | Listed by Lake Homes Realty, LLC | $160,000 | |
| Listed by Lake Homes Realty, LLC | |||
| | |||
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What better way to get away from it all than a condo by the lake?! This 2 bedroom, 2 bath condo at The Escape at Bluff Creek is just what you need for those summer weekends, or cozy fall evenings. Nicely furnished (excluding the dining set), with appliances and even patio furniture...just add your personal touches and your lake place truly will become your escape. Second floor unit faces east so no harsh sun when you want to enjoy the outdoor balcony patio with your friends. The Escape is located on the corner of Hells Gate Loop and Marina Point Drive, just a couple of blocks from Bluff Creek Marina and around the parking lot from the condo community pool. Ownership includes access to Sportsmans World amenities - boat ramp at the marina, community pavilion, tennis courts, disc golf, pool, airstrip, and more. And, as the street name implies, you are just minutes from Hells Gate on beautiful Possum Kingdom Lake. Come see why so many folks fall in love with PK ~ the Great Lake of Texas!
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| Jul 25, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/11/2022
|
2 Bed
|
2 Bath
|
-
|
$160,000
2 Bed
2 Bath
|
-
-
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
04/23/2020
|
2 Bed
|
-
|
825 ft²
|
$98,000
2 Bed
-
825 ft²
|
$98,000
05/22/2020
|
Lorin Buck
Williams Trew Real Estate
| |
|
06/15/2019
|
2 Bed
|
-
|
825 ft²
|
$79,500
2 Bed
-
825 ft²
|
$79,000
-0.63%
07/25/2019
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
825 ft²
|
-
2 Bed
2 Bath
825 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017