1014 MALBEC LOOP
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2023 | Listed by RE/MAX Associates | $198,500 | |
| Listed by RE/MAX Associates | |||
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Fantastic homesite with incredible views in Alta Lago in Canyon Lake! This beautiful 2.34 acre lot is nestled in the heart of the Texas Hill Country and boasts breathtaking views of the surrounding scenic countryside. Located just a short drive from Canyon Lake and its many recreational opportunities, this lot offers the perfect balance of peaceful seclusion and convenient access to amenities, including a 27 acre park with lake access, private boat ramp, pavilion and more. The property is situated within the gated community of Alta Lago, providing a secure and exclusive living experience. Imagine waking up each morning to stunning sunrises and the tranquil sounds of nature. This lot is perfect for building your dream home or weekend retreat, with plenty of room to spread out and enjoy the great outdoors. Whether you're an outdoor enthusiast or just looking for a quiet escape, this lot has it all. Don't miss out on the opportunity to own your own slice of paradise!
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| Aug 29, 2022 | Listed by RE/MAX Associates | $198,500 | |
| Listed by RE/MAX Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017