1109 Lazy Trail
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Price Decreased |
$225,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Dec 4, 2024 | Listed by Michelle Mick Lundquist, Broker | $230,000 | |
| Listed by Michelle Mick Lundquist, Broker | |||
| |||
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Welcome to 1109 Lazy Trail, where charm meets flexibility in this 3-bedroom, 2-bathroom home spanning 1,550 square feet. Nestled on a spacious lot in a well-established neighborhood with no HOA restrictions, this property is brimming with potential. Step inside to discover fresh interior paint that breathes new life into the home. The spacious living room, anchored by a cozy fireplace, flows seamlessly into the dining area and kitchen, making it the perfect space for entertaining or relaxing. The primary bedroom is conveniently located just steps from the main living area, offering a peaceful retreat. A converted garage adds incredible versatility-use it as a massive bedroom with a walk-in closet or transform it into a second living area. Down the hall, a second main bedroom features a private bathroom, ideal for a roommate, multi-generational living, or even a rental opportunity. The backyard is designed to maximize potential, featuring a large storage shed for all your tools and toys. The double gate on the side of the property leads to ample space-perfect for adding a driveway for extra vehicles, a boat, or even an RV. Two front entrances offer privacy and flexibility for multiple occupants. No HOA means you can customize your property to suit your needs-consider adding a stylish carport or outdoor living area. Affordable and adaptable, this home fits a variety of lifestyles and goals, whether you're looking to share with a roommate, host family, or generate rental income. Conveniently located in a desirable area of New Braunfels, this home is a rare find that balances functionality, flexibility, and affordability. Don't miss your chance to explore all the possibilities this property has to offer-schedule your showing today!
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| Apr 9, 2008 | Sold | ||
| Sold | |||
| Dec 7, 2007 | Listed by Coldwell Banker D'Ann Harper | $104,900 | |
| Listed by Coldwell Banker D'Ann Harper | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Walnut Est
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Currently no similar homes aroundNearby Rentals
$800 /mo
- 2 Beds
- 1 Bath
- 600 ft²
$700 /mo
- 1 Bed
- 1 Bath
- 3,284 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017