4
Map
8902 Lime Creek RD
About This Property
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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| Aug 11, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 16, 2025 | Price Decreased |
$389,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Dec 3, 2024 | Listed by Keller Williams - Lake Travis | $400,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Nov 18, 2024 | Listed | $400,000 | |
| Listed | |||
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This exceptional 2-acre waterfront property offers approximately 250 feet of direct water frontage, ideal for creating your lakeside retreat. A private road bisects the land, providing easy access and creating two prime building sites. Each site enjoys expansive, unobstructed water views, perfect for designing homes that capture the stunning landscape. The property features a blend of open spaces and mature trees, adding privacy and natural beauty. With ample space for custom builds and outdoor living areas, this land offers endless possibilities for a serene, panoramic water-view escape.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017