147 HERON PASS
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%.
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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 5, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | Listed by Keller Williams Heritage | $899,000 | |
| Listed by Keller Williams Heritage | |||
| Dec 25, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Price Decreased |
$929,900
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jul 13, 2023 | Listed by RESA, Inc | $939,900 | |
| Listed by RESA, Inc | |||
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**Seller is OFFERING an additional $20,000 to help cover closing cost or interest rate buy down!** Enjoy vacation style living every day in this spacious hill country home on 2.28 acres with beautiful oak trees. Relax and entertain in the back yard on multiple decks overlooking a custom built Keith Zars pool. Outdoor enjoyment abounds with a Cabana, complete for entertaining with an outdoor kitchen, including a 48" propane grill, full refrigerator with freezer and ice maker, TV, pantry, bathroom and outdoor shower. Pool comes with transferrable warranty. Located in the highly desirable community of Mystic Shores near Canyon Lake and the Guadalupe River, this home is perfect for everyday living, or a vacation home. This incredibly well maintained home has a spacious kitchen, high ceilings, large formal dining, breakfast area, and eat-in kitchen, over-sized bedrooms with large closets, a 3 car garage, and a partially fenced backyard for your pets. All furniture and appliances are included and this home can sleep up to 20 people! Mystic Shores amenities include two community pools, lakeside park, playground, BBQ pits with picnic tables along the lake, sports courts (basketball, volleyball, tennis and pickle ball), two pavilions, community boat ramp, community boat and RV storage, community center, and a beautiful nature preserve to the Guadalupe with walking trails. Don't miss out on this amazing opportunity to own a dream, vacation style home in the TX hill country! The manager has listed the unit size as 2963 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017