3121 Hells Gate Loop #50
About This Property
Enjoy expansive water views from the primary bedroom as well as throughout the entire downstairs living area, making this home ideal for relaxed lake living or weekend escapes. The seller also owns a private carport, which will convey with the sale, adding convenience and covered parking-an added bonus in this community.
Conveniently located within walking distance to Bluff Creek Marina, this property offers effortless access to boating, dining, and lakeside recreation.
Ownership includes use of the Villas on Bluff Creek private amenities, featuring a pool, tennis courts, and playground, along with full access to the Sportsman's World amenities, including an additional pool, tennis courts, pavilion, horse barn, and landing strip. A rare opportunity to enjoy panoramic PK Lake views, updated interiors, and unmatched amenity access at an exceptional value.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Berkshire HathawayHS Pondera | $350,000 | |
| Listed by Berkshire HathawayHS Pondera | |||
| Sep 10, 2025 | No longer available | - | |
| No longer available | |||
| May 19, 2025 | Price Decreased |
$380,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2026
|
2 Bed
|
2 Bath
|
1260 ft²
|
$350,000
2 Bed
2 Bath
1260 ft²
|
$315,000
-10.00%
03/05/2026
|
Linda Fewell
Berkshire HathawayHS Pondera
| |
|
08/23/2024
|
2 Bed
|
2 Bath
|
1260 ft²
|
$390,000
2 Bed
2 Bath
1260 ft²
|
-
-
|
Linda Fewell
Berkshire HathawayHS Pondera
| |
|
03/09/2024
|
3 Bed
|
1 Bath
|
1540 ft²
|
$475,000
3 Bed
1 Bath
1540 ft²
|
$462,500
-2.63%
07/26/2024
|
Michael Powell
MIKE POWELL REAL ESTATE
| |
|
07/22/2019
|
2 Bed
|
3 Bath
|
1260 ft²
|
$179,000
2 Bed
3 Bath
1260 ft²
|
-
-
|
-
| |
|
09/07/2018
|
3 Bed
|
4 Bath
|
1540 ft²
|
-
3 Bed
4 Bath
1540 ft²
|
-
-
|
-
| |
|
08/23/2018
|
3 Bed
|
4 Bath
|
1540 ft²
|
-
3 Bed
4 Bath
1540 ft²
|
-
-
|
-
| |
|
07/29/2017
|
2 Bed
|
3 Bath
|
1260 ft²
|
-
2 Bed
3 Bath
1260 ft²
|
-
-
|
-
| |
|
07/13/2017
| |
3 Bed
|
3.5 Bath
|
1540 ft²
|
-
3 Bed
3.5 Bath
1540 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017