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Lot 87 Cliffs Drive
About This Property
much more ~ here it is! This home site is located on the main drive of The Cliffs Resort at Possum Kingdom Lake, just
minutes from the golf course, pool, and marina. The Cliffs is a well developed community with a great amenities
package, and there are already beautiful homes surrounding this location. Make your plans to see this ~ bring your
builder, or book a stay in the recently updated Inn at The Cliffs, and enjoy resort access and amenities until you're
ready to build! (no time requirement to start)
This lot has a un-buildable lot next to it, so you won't have neighbors on one side of you. Great easy access to the marina, golf course, and restaurant.
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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 7, 2026 | Price Decreased |
$20,900
↓ $3K
(12.6%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by BHHS Premier Properties | $23,900 | |
| Listed by BHHS Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017