Lot 656 Canyon Wren Loop
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Listed by Lake Homes Realty, LLC | $55,000 | |
| Listed by Lake Homes Realty, LLC | |||
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 15, 2024 | Listed by Lake Homes Realty, LLC | $57,000 | |
| Listed by Lake Homes Realty, LLC | |||
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Mostly flat surface 2 acre LAKE VIEW lot in The Hills Above Possum Kingdom where you can build your dream home now or whenever you are ready; no time limit to build. This development is one of the few at PK Lake where you can have some elbow room and great amenities, which include secure gated entry, an infinity edge pool overlooking the lake, fitness center, boat ramp and courtesy slips, dry boat storage area, and more! This lot has a variety of trees scattered over it, along with a seasonal creek at the back and it offers multiple areas that would be ideal for home placement. Situated just minutes from the community boat ramp so you could spend your days on the beautiful waters of Possum Kingdom Lake, and your nights in a quiet neighborhood under gorgeous starry skies! The Hills is located approximately 25 minutes from Graham for easy access to shopping, dining, entertainment, and medical facilities, but all those things are also available at PK! No RVs or manufactured homes allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017