1604 Tracy Dr
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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Coldwell Banker D'Ann Harper | $825,000 | |
| Listed by Coldwell Banker D'Ann Harper | |||
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This is a rare find right off Blanco on 1.56 acres and no HOA. The home has been meticulously cared for and many upgrades have been added. As you enter the main living space, you'll notice the high ceilings, wall of windows which brings in natural light, and double crown molding which adds additional elegance to the space. The fireplace mantel was redone to fit the space better as well. The sellers have done so many updates over the years since living there (11 years) some of these include a completely renovated kitchen, primary bathroom & powder room. Other upgrades include Pella double doors in the living room and primary bedroom, enclosing of the upstairs patio with central AC adding over 250sqft to the home, adding cabinets, shelves & a sink to the laundry room, and many additions to the yard. In the front of the home, you will appreciate the circular driveway and additional parking. There are many mature trees on the property and lots of beautiful plants, perfect for nature lovers. As you enter the backyard, you will be greeted by a 1300sqft deck that is great for entertaining or simply enjoying a meal under the shade trees. You will be amazed at the 60 solar panels that will significantly reduce your electric bill. Relax in the pool or under the nearby gazebo (a solar screen is included with the pool). For those that like to garden, there are lots of vegetables already planted and growing in the raised beds. In the back corner of the property, the home owners have named it their "Butterfly Garden" because when the perennials bloom, they have seen many butterflies in that area. A 16 irrigation zones is professionally installed throughout property along with 6 water spickets (i.e. hose bibs) & 10 microspray watering systems have been added throughout the yard for automatic watering. Leaf Filter gutter guards were added in 2020 as well. There is a 14'x12' workshop that contains the well and an iron breaker (removes the iron from the water). There is also another 12'x10' shed for additional storage. On the side of the house a propane tank has been added so the 2 fireplaces could be gas (gas logs have been added to both). At night, there is even yard lighting in the backyard as well for a beautiful setting. It is completely fenced too. You may even been greeted by deer from time to time. It is in Comal ISD. THIS OASIS IS WAITING FOR YOU! (Please see feature sheet for more details)
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| May 12, 2010 | Sold | ||
| Sold | |||
| Sep 11, 2009 | Listed by Jimmy Thrush | $309,000 | |
| Listed by Jimmy Thrush | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017