111 Apache Trail
About This Property
There is a small area for an additional vehicle or room for boat parking. Don't let these two darling homes slip by. Multiple marinas and boat ramps nearby. Appx one hour to Waco, Cleburne or 1 and half hrs to Dallas and Fort Worth.
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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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Price Decreased |
$255,000
↓ $15K
(5.6%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by Riverplace Realty | $270,000 | |
| Listed by Riverplace Realty | |||
| Jan 11, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 3, 2024 | Price Decreased |
$269,000
↓ $11K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017