641 Sky Camp Loop #8
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Price Decreased |
$35,000
↓ $8K
(18.6%) | |
| Price Decreased | |||
| Oct 19, 2023 | Listed by Lake Homes Realty, LLC | $43,000 | |
| Listed by Lake Homes Realty, LLC | |||
| | |||
|
Or Best Offer! A little TLC for a few repairs needed after recent period of non-use and this adorable place will whisk you away on the lake breeze to a place of relaxation and serenity! Remodeled in 2022 but the owner is no longer able to come enjoy it ~ their loss is your gain! Bid available for work needed (new front door, interior painting, etc) All you need for a quite escape...1 large bedroom, 1 loft bed, open concept living and dining, galley-style kitchen, 1 bath, covered front porch, lake views from indoors, just steps to the water! Located inside the gates of Sky Camp, a family-owned community that offers use of the boat ramp, fishing, community dock and blissful surroundings.Leased land ($7200 per year with a 5 year term) and the lease includes taxes paid on the lot, use of the boat ramp, mowing, trash, and water; lease approval will be required prior to purchase. Still the most affordable way to own a Possum Kingdom Lake getaway! VRBO or sublease rentals not allowed, sorry.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2025
|
1 Bed
|
1 Bath
|
376 ft²
|
$42,000
1 Bed
1 Bath
376 ft²
|
$37,500
-10.71%
07/31/2025
|
Jo Ann Miller
JAM Realty
| |
|
01/27/2025
|
2 Bed
|
1 Bath
|
672 ft²
|
$69,500
2 Bed
1 Bath
672 ft²
|
-
-
|
Kerri Gray
Scott Real Estate
| |
|
05/31/2024
|
2 Bed
|
-
|
460 ft²
|
$45,000
2 Bed
-
460 ft²
|
-
-
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
10/19/2023
|
1 Bed
|
-
|
558 ft²
|
$43,000
1 Bed
-
558 ft²
|
$30,000
-30.23%
10/31/2024
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
09/27/2023
|
1 Bed
|
1 Bath
|
376 ft²
|
$35,000
1 Bed
1 Bath
376 ft²
|
-
-
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
01/26/2022
|
1 Bed
|
-
|
428 ft²
|
$42,000
1 Bed
-
428 ft²
|
$47,000
+11.90%
02/11/2022
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
02/03/2020
|
2 Bed
|
-
|
744 ft²
|
$45,000
2 Bed
-
744 ft²
|
$37,000
-17.78%
07/24/2020
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
02/03/2020
|
1 Bed
|
-
|
403 ft²
|
$30,000
1 Bed
-
403 ft²
|
$30,000
07/01/2020
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
02/03/2020
|
1 Bed
|
-
|
428 ft²
|
$40,000
1 Bed
-
428 ft²
|
$35,000
-12.50%
04/17/2020
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
06/19/2018
| |
4 Bed
|
1 Bath
|
-
|
-
4 Bed
1 Bath
|
-
-
|
-
|
|
07/09/2017
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017