990 Cliffs 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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | No longer available | - | |
| No longer available | |||
| May 4, 2024 | Listed by Possum Kingdom Real Estate | $85,000 | |
| Listed by Possum Kingdom Real Estate | |||
| Mar 29, 2023 | Listed by Possum Kingdom Real Estate | $85,000 | |
| Listed by Possum Kingdom Real Estate | |||
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Spectacular Lake Location! Natural cliff line, varied topo provide an unparalleled environment in the Cliffs Resort. Just a stones throw away from first class Marina. Several build options with great views of lake. No requirement as to when you must build a home. Many amenities; 18-hole Championship Golf Course, Chaparral Grille and Spurs Bar, Marina and Ship Store, Hotel, Conference Center, Spa, Fitness Center, Swimming Pools, Tennis Courts, Playground, Parks and more. Owners receive 36 complimentary rounds of golf per year. Lot to the North available for purchase along with this one for even more room. Gated and guarded Entrance Gate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017