109 Sage Oaks Trl
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%.
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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 |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | Listed by Phyllis Browning Company | $1,645,000 | |
| Listed by Phyllis Browning Company | |||
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This 16 acre ranchette offers a lifestyle. Raising animals, riding horses, spending time outdoors, and a pool for hot Summer days. Welcome to 109 Sage Oaks Trail located in Boerne, Texas. This fully fenced property (and cross-fenced) offers a Main Home with 4 bedrooms, an office with sitting area and balcony, and a flex room currently being used as a school room. The kitchen over-looks two dining areas: the breakfast room attached to the living room complete with a fire place and wet bar. And a formal dining area with an additional sitting area. 3 secondary bedrooms are down with 2.5 bathrooms. Upstairs is the office with sitting area and the master bedroom. The backyard is inviting with a covered porch and pool. A guest home is within walking distance to the pool and back porch. The guest home is complete with a bedroom, bathroom and small kitchenette. It even has the most perfect porch. For the animal lover, you will enjoy a full size riding arena, over-sized barn with pens inside and covered pens outside. 4 cross-fenced pastures, a round pen, and a chicken coup. Covered R/V parking with a hookup as well. Additional barns and sheds are also on property. This property also boasts the most beautiful mature oak trees. The driveway asphalt was just redone in October. Welcome home to 109 Sage Oaks Trail.
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| Dec 30, 2011 | Sold | ||
| Sold | |||
| Jun 20, 2011 | Listed by Keller Williams Boerne | $599,000 | |
| Listed by Keller Williams Boerne | |||
| Jun 14, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017