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LOT 92 Cliffs Dr.
About This Property
Enjoy the flexibility of building on your own timeline-there is no required timeframe to begin construction, allowing you to create your ideal lake retreat whenever the time is right.
Looking for even more possibilities? The adjacent home is also available for purchase (MLS #21195294), offering a unique opportunity to expand your property, preserve your privacy, build a detached garage or workshop for additional storage, or even construct a home for family members who want to enjoy lake living close by.
Ideally located just minutes from the marina, this lot provides easy access to all the exceptional amenities The Cliffs Resort has to offer. Ownership includes 36 complimentary rounds of golf each year on the acclaimed 18-hole championship golf course, two resort-style swimming pools, a fitness center, tennis and pickleball courts, on-site dining with breathtaking lake views, luxury accommodations for guests, and so much more.
Whether you're ready to build now or planning for the future, this is an incredible opportunity to own a piece of one of Possum Kingdom Lake's most sought-after communities.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by Clark Real Estate Group | $15,000 | |
| Listed by Clark Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017