35 Bay Hill 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 |
|---|---|---|---|
| Aug 28, 2022 | No longer available | - | |
| No longer available | |||
| Aug 22, 2022 | Price Decreased |
$299,000
↓ $51K
(14.6%) | |
| Price Decreased | |||
| Aug 1, 2022 | Price Decreased |
$349,900
↓ $20K
(5.4%) | |
| Price Decreased | |||
| May 29, 2022 | Listed by DFW Fine Properties | $369,900 | |
| Listed by DFW Fine Properties | |||
| | |||
|
GORGEOUS DEEP BLUE WATER LAKE VIEWS!! One of the last lake lots in the Cliffs resort and an amazing build site located on the very coveted Bay Hill Drive. Bring your own builder!The Cliffs resort is perched 200 feet above beautiful Possum Kingdom Lake and has full-time security and amenities that include an 18-hole championship golf course, the Chaparral Grille & bar, marina to dock your boat and store, 2 community pools, hiking trails, a fitness center and tennis courts. Property owners receive 36 complimentary rounds of golf per year. **Sellers have architectural builder plans available that could convey with acceptable offer.
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| Sep 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017