104 WAGON WHEEL
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 |
|---|---|---|---|
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2020 | Listed by Keller Williams Heritage | $175,000 | |
| Listed by Keller Williams Heritage | |||
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Private lot at the back side of a large lot community. Located in close proximity to all the bear necessities to include grocery shopping as well as restaurants in the Spring Brand and Bulverde area. This is truly a rare blank canvas of a property with oak trees throughout. The land is sprawling with a gentle slope and terrain varies with soil and lots of rocks throughout. The beauty shines through on this lot which offers a tremendous amount of privacy and room land to explore. A good portion of this land is in technical floodplain so although there are a few places for a homesite the seller wanted to be transparent that due to the natural slope of the property and the floodplain the property is limited to a few select sites to build your dream home. The land is appropriate for certain animals and not others so ensure that it is appropriate for any livestock you may be considering given the rock in the area. There is a discount to any buyer interested in this parcel plus the neighboring property at MLS 1470380 which is a total of 13.13 acres.
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| Jan 11, 2008 | Sold | ||
| Sold | |||
| Apr 4, 2007 | Listed by Realty Advantage | $122,500 | |
| Listed by Realty Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017