31
Map
1241 Balcones Lane
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 17, 2026 | Listed by RE/MAX Elite Group | $45,000 | |
| Listed by RE/MAX Elite Group | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | Listed by RE/MAX Elite Group | $33,000 | |
| Listed by RE/MAX Elite Group | |||
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Two acres on a hillside overlooking the subdivision. Quiet culdesac with few neighbors. Lot ownership permits the use of all neighborhood amenities including the community clubhouse with pool and fitness center, boat storage, picnic area with cabin, community ramp and dock, fishing pond, and twenty miles of private roads behind the gates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017