1525 Red Hawk RD
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 12, 2024 | Listed by Moreland Properties | $3,998,000 | |
| Listed by Moreland Properties | |||
| Jul 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 12, 2024 | Listed by Moreland Properties | $5,000,000 | |
| Listed by Moreland Properties | |||
| | |||
|
Fabulous architecture by Mell Lawrence, AIA; truly a work of art hidden in nature. An airy openness from very high ceilings, fantastic windows and beautiful materials. Ceilings are cypress; woodwork is rift-sawn white oak. Dogtrot design… main house has a large primary suite with study AND a library AND a wine cellar. Guest wing has two bedrooms + bath. The wings are connected by a huge breezeway screened porch with fireplace, sited to catch the prevailing southeast winds that flow up the hillside. Complete privacy from neighbors, but just 6 miles from Wimberley in one of the area’s most desirable neighborhoods – Red Hawk Road. Three platted lots; the house sits at the edge of a mesa on the easternmost lot... a guest house sits on the middle lot, and the westernmost lot is vacant. A cedar trail takes you through the woods down to a cliff above Lone Man Creek, with a lovely stone-walled terrace sited for views up and down the creek, a great place for a picnic or a glass of wine. Property comes with a private access easement on an adjacent jeep road, taking you to the same terrace. 20,000 gallon rainwater system for all household needs; water for guest house is from a well (well water is also piped to main house for irrigation). Whole-house propane generator will keep house running for days if there's ever a power loss. Large 2-car garage with workshop room, plus a car charger. A unique, special property featuring high-end design, quality, seclusion, beauty, and quietude. All this, AND: wildlife exemption to keep taxes LOW!!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017