1392 Cedar Pass 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 |
|---|---|---|---|
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Keller Williams Realty | $875,000 | |
| Listed by Keller Williams Realty | |||
| Sep 6, 2022 | No longer available | - | |
| No longer available | |||
| Jul 27, 2022 | Price Decreased |
$999,900
↓ $150K
(13.1%) | |
| Price Decreased | |||
| Jun 3, 2022 | Listed by NextHome ATX Realty | $1,150,000 | |
| Listed by NextHome ATX Realty | |||
| | |||
|
MOTIVATED SELLER and a HUGE PRICE REDUCTION!! Large 2.5+ acre lot with very few restrictions and absolutely NO HOA! More than 2.5 acres in Lanier Ranch which includes 2088 sq foot one story home with no carpet, high ceilings and a low maintenance metal roof and approx 800 sq ft of heated and cooled area with a half bath in the outbuilding for a total of 2888 sq ft. The outbuilding space is finished out as a flex space and can be used as an office, music studio, art studio, woodworking or metal working shop. The outbuilding also has an additional 400 sq ft of covered open area. The main home features granite counters, stained concrete floors, copper kitchen sink, stainless appliances, stone fireplace in living area and tons of upgraded organization storage and recently upgraded faucets. Bring your chickens and horses too--there is room for them all! RV hookups already in place for the travel aficionado!! This property is a car or motorcycle enthusiast dream with lots of level spaces to spread out! Home is conveniently located close in right off of Darden Hill Rd and less than 5 min from the Shops at Belterra shopping! Located in the highly sought after Dripping Springs ISD. Custom Amish Castle playscape conveys!! The manager has listed the unit size as 2888 square feet.
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About Hays
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,200 /mo
- 3 Beds
- 2 Baths
- 2,951 ft²
$5,000 /mo
- 3 Beds
- 3 Baths
- 2,525 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017