34
Map
LOT 12 Monterey 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 |
|---|---|---|---|
| Jul 23, 2026 | Listed by Keller Williams Heritage | $349,000 | |
| Listed by Keller Williams Heritage | |||
| Feb 23, 2025 | No longer available | - | |
| No longer available | |||
| Aug 2, 2024 | Listed by Keller Williams Heritage | $310,000 | |
| Listed by Keller Williams Heritage | |||
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Discover the perfect canvas for your dream home on Lot 12 in the prestigious gated subdivision of Cordillera Ranch. Spanning nearly 3 acres, this lot features central water and gas utilities, making it both convenient and ready for your custom build. Enjoy the stunning Hill Country views from this flat building site, ideally positioned to capture the refreshing southeast breeze from your future back patio. The lot is adorned with mature oak trees, providing ample privacy and backing up to a serene greenbelt. Cordillera Ranch offers an exceptional lifestyle with 15 miles of scenic hiking trails, numerous sports parks, and direct access to the picturesque Guadalupe River. Don't miss this rare opportunity to own a piece of this sought-after community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017