15051 COUNTY ROAD 272
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 |
|---|---|---|---|
| May 24, 2020 | No longer available | - | |
| No longer available | |||
| May 17, 2020 | Listed | $259,000 | |
| Listed | |||
| | |||
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Absolutely Adorable Ranch-Style Home that sits on a 1.5 Acre Lot! Lovingly cared for and beautifully decorated, it is just stunning and extremely inviting. Huge Windows that boast natural flowing light through out the home. As soon as you walk in, the presence of gorgeous views and soaring hills in the countryside are right in sight! An abundance of beautiful native birds are everywhere. The stars are crystal clear at night and the sounds of nature are out ...very relaxing and peaceful. Far enough away for quiet but just 15 min to Alamo Ranch for Shopping. Around 600 sq ft of out door living space. Covered front patio with shade trees to block the evening sun. Over 450 sq ft of outdoor living on the rear deck with a 10x14 pergola with built in seating and bar. Deck access off the master bedroom. Numerous low maintenance flower beds freshly mulched. 32x12 derksen garage with metal roof, roll up door, keyed entry door and window perfect for a work shop or to store your toys. 2 miles from the boat ramp. 2 car carport. 30 amp RV service outlet. Wood burning fireplace with wooden mantle. Low utilities, Bandera Electrc Co. for electricity. Gas stove, Septic system, Well Water Additional metal sheds for storage and garden tools. Neighbor only to one side, fully wooded to the others, circular drive for ample parking. Secondary bedroom has walk in closet. Large pantry with shelves and storage racks. Medina Valley ISD, Potranco Elementary, Brand new Loma Alta Middle School is 1 year old, Medina Valley High school. School bus picks up and drops off at end of driveway! No HOA. (Added Bonus) Roof to be replaced May 25th! The manager has listed the unit size as 1660 square feet.
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| Apr 14, 2016 | Sold | ||
| Sold | |||
| Sep 24, 2015 | Listed by Select Properties | $180,000 | |
| Listed by Select Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017