LOT 129, BLK. 4 Rio Grande
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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 |
|---|---|---|---|
| Feb 12, 2019 | No longer available | - | |
| No longer available | |||
| Feb 8, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2018 | Listed | $55,000 | |
| Listed | |||
| | |||
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Enjoy driving over the Blanco River in the Blanco State Park where you can swim, walk, boat and just relax. This is a beautiful area where you can build your Texas Hill Country home. Canyon Lake Water tap only $l,500, 1,800 sq. ft minimum for 1 story and 2,200 for 2 story home. 2 horses allowed. Very private and quiet. One hour to San Antonio or Austin. Only minutes from the small quaint town of Blanco, Texas. This lot has been partially cleared.
| |||
| May 26, 2016 | Listed by Fore Premier Properties | $55,000 | |
| Listed by Fore Premier Properties | |||
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Last Updated: 6 months ago
Data Source: LERA, MLS# 1180356
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