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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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by Gary Rutten, Broker | $319,900 | |
| Listed by Gary Rutten, Broker | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2022 | Listed by eXp Realty | $43,000 | |
| Listed by eXp Realty | |||
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Beautiful property in the Texas Hill Country! Live life Texas Hill Country style with this rare and beautiful lot in Spring Branch, Texas! Nestled in the coveted community of Cypress Cove, this little slice of heaven boasts a variety of trees, quick access to Canyon Lake and a ton of neighborhood amenities including community parks, pool and a boat ramp. With Boat Ramp 11 right around the corner, the lake life you always dreamed of is just a stone's throw away. Convenient to Canyon Lake, New Braunfels, San Antonio and Austin! 281 is 5 minutes away! Just 30 minutes to San Antonio and 45 minutes to ATX Perfect spot if you need to commute.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017