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935 Longs Camp Road
About This Property
Bring your builder and plans and design the lake retreat that fits your vision. The existing double-deck dock creates a great space for relaxing, entertaining, and enjoying expansive lake views. The stairs, railing going all the way around and upper floor are fully restored.
Possum Kingdom Lake is known for its clear blue water, beautiful scenery, and recreational opportunities, making this property ideal for a weekend getaway, vacation home, or full-time residence.
There is a septic in place.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Decreased |
$499,000
↓ $181K
(26.6%) | |
| Price Decreased | |||
| Jun 2, 2026 | Price Decreased |
$680,000
↓ $40K
(5.6%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Atkins & Co. | $720,000 | |
| Listed by Atkins & Co. | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017