1126 Apache DR
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 6, 2025 | Listed by Real | $150,000 | |
| Listed by Real | |||
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Great investment property located in Burnet, Texas. Would make a great addition to a rental portfolio. This neighborhood has several new construction projects and remodels taking place. It's right next to Lake LBJ and the updated housing will potentially raise the property values of the neighborhood. The new owners of this property will also have access to a boat ramp and dock for Lake LBJ. This charming 3 bedroom, 2 bathroom, doublewide manufactured home offers 1,344 square feet of comfortable living space and is the perfect candidate for some upgrades. It's clean on the interior and exterior but is a bit dated which means that with a little TLC, this property could produce some forced equity and generate cash flow for an investor. It would also make an ideal home for someone on a budget. It's currently turn-key and 100% livable. Has a nice wet bar with mirrors and shelving in the living room. Large beam runs through the center of the home giving it an open and spacious feel. Comes with all the appliances which include dishwasher, microwave, refrigerator, free standing electric oven, washing machine, & electric dryer. Has plenty of parking and a covered carport for 2 vehicles. There is a metal shed next to the house for extra storage. Has a small deck at the entry. Roof was replaced approximately 1 year ago. Nestled on three spacious lots, this property provides ample outdoor space for gardening, recreation, or future expansion. The home features a convenient ramp leading to the entrance, ensuring easy wheelchair access. Located in the Sherwood Shores III neighborhood, you'll enjoy a peaceful community setting while remaining close to local amenities, Lake LBJ, and the natural beauty of Burnet. Don't miss the opportunity to make this delightful property your own.
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| Jan 14, 2025 | No longer available | - | |
| No longer available | |||
| Aug 9, 2024 | Listed by Watters International Realty | $175,000 | |
| Listed by Watters International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017