14
Map
1 Martelli LN
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 |
|---|---|---|---|
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Listed by DEN Property Group | $2,450,000 | |
| Listed by DEN Property Group | |||
| Jul 9, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 12, 2026 | Listed by Moreland Properties | $2,450,000 | |
| Listed by Moreland Properties | |||
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Comprising two expansive homesites in the sought-after Wildcat Club enclave, Estate 5 at 1 Martelli Lane offers a rare chance to create a private retreat in the hills of West Lake Hills. Enjoy the balance of seclusion and accessibility, surrounded by luxury estates and the natural beauty of the Texas Hill Country. Sewer, electric, and water connections available. Choose your own builder or work with our preferred team.
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| May 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017