11746 Rim Rock 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%.
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 |
|---|---|---|---|
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Price Decreased |
$1,499,999
↓ $200K
(11.8%) | |
| Price Decreased | |||
| Feb 11, 2024 | Listed by Kuper Sotheby's Int'l Realty | $1,699,999 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| | |||
|
SIGNIFICANT PRICE REDUCTION!! UNRESTRICTED 10-acre property conveniently located just south of 290W only 1 mile away from the new Nutty Brown HEB. The property has a 1 level ranch house, 2 quonset huts (one is temp controlled), pickleball court, golf putting/chipping greens, several additional build sites and the front approx. 2/3 of the property has never been developed. It is a very peaceful place to be with so many possibilities. The surrounding neighbors include single family residential and commercial properties.
The location is excellent. It is only 16 miles to Downtown Austin and 20 miles to Austin Airport with the Belterra shopping center being 2 miles away.
| |||
| Feb 2, 2024 | Price Decreased |
$1,699,999
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Oct 26, 2023 | Listed by Kuper Sotheby's Int'l Realty | $1,799,999 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017