18
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Lot 43 Turnberry Loop
About This Property
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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 |
|---|---|---|---|
| Jul 10, 2026 | Listed by Century 21 Mike Bowman, Inc. | $35,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 5, 2025 | Listed by Lake Homes Realty, LLC | $36,000 | |
| Listed by Lake Homes Realty, LLC | |||
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Build your dream lake home at The Cliffs Resort on Possum Kingdom Lake! This mostly level homesite backs up to the #13 green and offers a natural setting with no required timeframe to build, giving you flexibility to plan your future. Enjoy resort amenities including 36 complimentary rounds of golf each year on the Championship Course, dining, marina access, pools, fitness, and more. Experience the perfect blend of natural beauty and upscale living in this private lakefront community—your opportunity to own a lake home or residence on The Great Lake of Texas and enjoy the PK Lake Life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017