122 SCHEELE RD
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 |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Real Broker, LLC | $1,500,000 | |
| Listed by Real Broker, LLC | |||
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Hill Country Luxury Living with Endless Possibilities Experience the serene beauty of the Texas Hill Country from your own backyard, just minutes from Main Street Boerne and with easy access to I-10. This exceptional estate is fully deer-fenced and gated for added privacy and security. The property features a beautifully designed main home offering 3 bedrooms and 2.5 baths, a private 1-bedroom, 1-bath apartment, and an expansive workshop with three roll-up doors and a dedicated weight room. Inside the main home, you'll find a warm, open-concept layout enhanced by hardwood floors, custom cabinetry, and a cozy fireplace paired with a Bose surround sound system. The chef's kitchen includes quartz countertops, a premium DCS gas range with built-in oven, Zephyr vent hood, and reverse osmosis water filtration. Pamper yourself in the spa-like primary suite with a luxurious garden tub that retains heat, a dual-headed walk-in shower, and abundant storage-including a special closet just for holiday decor. Above the garage, the guest apartment combines comfort and style with granite countertops, a spacious living area, a full bath, a large bedroom, and washer-dryer connections-perfect for guests or as an income-producing rental. The versatile workshop/barn/man cave is ready for anything: hobbies, events, vehicle storage, or fitness. Equestrian and livestock-friendly with a lean-to on site, the AG-exempt land has no restrictions-offering space and freedom to build a barn, riding arena, or future expansions. Enjoy luxury Hill Country living with upscale finishes, room to grow, and income potential-all in one spectacular property.
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| Oct 17, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | Listed by San Antonio Portfolio KW RE | $1,495,000 | |
| Listed by San Antonio Portfolio KW RE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017