126 Ledge Springs
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 |
|---|---|---|---|
| Dec 19, 2022 | Sold | ||
| Sold | |||
| Nov 8, 2022 | Listed by Hill Country Flat Fee Realty | $289,500 | |
| Listed by Hill Country Flat Fee Realty | |||
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Awesome 1.06 acre treed lot in the highly acclaimed & custom gated community of Menger Springs in Boerne, Texas! This lot offers multiple building sites and ease of construction with its' ideal topography. There is a variety of mature trees, including live oaks and red oaks, allowing you to chose which trees you want to showcase into your landscaping once your new custom home has been built. Located on a corner, this lot offers plenty of privacy if that is what you prefer due to the multitude of trees or the option to open the lot up to further showcase your dream custom home. The surrounding custom homes are simply beautiful and will help ensure your investment in this lot will be secure. Menger Springs is one of Boerne's finest communities and offers easy access to IH-10, downtown historic Boerne, shopping, restaurants and of course Boerne's award-winning schools. Lots like this one deserve your custom dream home and do not come onto the market very often so put it on your list today!
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| May 16, 2014 | Sold | ||
| Sold | |||
| Oct 18, 2013 | Listed by Kuper Sotheby's Int'l Realty | $145,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Gorgeous best value 1+ acre corner lot in Exclusive gated Menger Springs! Choose your own builder, Native Oaks, Gradual Slope ideal for side/rear entry garage. Acclaimed Boerne schools, Boerne Methodist Hospital, easy access to I-10, Picturesque Hill Country, Comfort, Kerrville, and San Antonio.
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| Feb 15, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017