5527 Cliff Estates Road
About This Property
This property includes two shops: one insulated with a split unit AC and an office, plus a storage shed. Enjoy the above-ground pool and expansive outdoor space, perfect for gardening, recreation, or future expansion. Additionally, the roof is brand new! Located in desirable Morgan's Point, this home combines serene country living with easy access to the lake and nearby amenities.
Don't miss this opportunity to own a versatile property in a prime location!
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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 |
|---|---|---|---|
| Aug 15, 2024 | Listed by Bridge Realty | $680,000 | |
| Listed by Bridge Realty | |||
| Oct 12, 2022 | No longer available | - | |
| No longer available | |||
| Jul 10, 2022 | Listed by Vista Real Estate-Belton | $599,000 | |
| Listed by Vista Real Estate-Belton | |||
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Watch the deer roam on this wooded 4.769 acre homesite, with beautiful walking trails. This 3 bed 2 bath home boasts an open floor plan with high vaulted ceilings. The cook’s kitchen with oversized island & features 5-gas burner/electric convection range for dual purpose fuel options, custom cabinets & plenty of counter space to work. Perfect for entertaining! The oversized living room features soaring ceilings & plenty of windows to let in natural light. 2 roomy bedrooms & bathroom down. Huge master suite with an ensuite master bath that features a whirlpool tub, separate shower & a large walk-in closet. Step out onto the master balcony to take in the fresh air & beautiful surroundings. Outside, you’ll find a fenced back yard, covered patio, & a Gazebo area for barbecuing. Additional air-conditioned 30x40 workshop fitted with electric & 30 amp RV hookup. 2 car garage. This home is situated on a quiet street, close to Belton Lake boat ramps. Plenty of room to grow. Belton ISD The manager has listed the unit size as 1837 square feet.
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| Jan 2, 2020 | No longer available | - | |
| No longer available | |||
| Dec 26, 2019 | Relisted | $299,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017