7044 W Hells Gate 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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Dec 23, 2021 | Listed by Panther Real Estate LLC | $125,000 | |
| Listed by Panther Real Estate LLC | |||
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Three plus acres with a lakeview of Possum Kingdom's Hells Gate is now available! This expansive lot is ready for you to build your dream home! On the elevated home site you can have a fabulous view of the annual 4th of July firework show and the annual Red Bull International Cliff Diving competition! You're allowed access to many amenities including tennis courts, a swimming pool, a party pavilion, use of an airstrip, equine facilities and playground. The property has been approved by the HOA for use as a 'residential estate lot' allowing for equine and other development opportunities. Conveniently located near the beautiful Bluff Creek Marina with its covered boat slips as well! Come see!
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| Aug 6, 2020 | Sold | ||
| Sold | |||
| Dec 18, 2019 | Listed by Christie's Int'l ULTERRE | $49,500 | |
| Listed by Christie's Int'l ULTERRE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017