116 Thomas Ridge
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 |
|---|---|---|---|
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Price Decreased |
$259,900
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Jun 19, 2018 | Price Increased |
$274,900
↑ $15K
(5.8%) | |
| Price Increased | |||
| Jun 7, 2018 | Listed | $259,900 | |
| Listed | |||
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Country living in scenic Hoover Valley area, minutes to Inks Lake or Lake LBJ. Five minutes to Burnet, 15 minutes to Marble Falls and hour and a half to Austin. This 3 bed 2.5 bath setting on just under 3 acres is a perfect setting to raise the kids and let them and the pets run loose. Burnet ISD is one of the best school system around. Two family areas, 1 up and 1 down the upper would make a great media room or game room. Large shade trees make this a very inviting setting for walks and outdoor entertaining; come take a look it may just be what you've been waiting for. The manager has listed the unit size as 1960 square feet.
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| Aug 29, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017