1544 County Road 332
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 |
|---|---|---|---|
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | In contract | - | |
| In contract | |||
| Jul 28, 2023 | Listed by Topper Real Estate | $899,000 | |
| Listed by Topper Real Estate | |||
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This extraordinary property spans across 24.66 Ag exempt acres. Situated just outside the charming town of Bertram, Texas, it boasts a newly constructed and stunning home completed in 2022, offering 1,600 square feet of exquisite living space. The thoughtfully designed layout presents an open concept adorned with high-end finishes throughout. With a total of three bedrooms and two bathrooms, this home provides ample space for comfortable living. The kitchen is equipped with top-of-the-line appliances, and a covered back porch featuring an outdoor fireplace enhances the outdoor experience. Great for relaxation and entertaining. The master closet is impressively spacious. The land itself encompasses approximately 50% open pasture and 50% wooded area, showcasing majestic oak trees. Additional structures on the property include a metal building, green house and a run-in shed for livestock. Water is sourced from a well with a storage tank and filtration system, ensuring a reliable supply. The area thrives with abundant wildlife, adding to the allure of this remarkable property. Located less than 15 minutes to Burnet and approximately 20 minutes to both Liberty Hill and Marble Falls. The manager has listed the unit size as 1600 square feet.
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| Jun 20, 2023 | Listed by Topper Real Estate | $899,000 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017