1615 Cypress Pass 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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by eXp Realty | $485,000 | |
| Listed by eXp Realty | |||
| |||
|
Beautifully positioned on a private .71-acre homesite, this Hill Country property offers a rare combination of privacy, space, and lifestyle. Enjoy Hill Country living on this oak-studded homesite offering a private backyard setting with no back neighbors. The home features high ceilings and an open floor plan, with all bedrooms and bathrooms conveniently located downstairs and a versatile loft/office upstairs. Interior highlights include hardwood floors, a striking stone fireplace, and thoughtful design throughout. The exterior is built for both relaxation and functionality, featuring a metal roof, covered back patio perfect for entertaining and BBQs. Pipe fencing, RV storage and greenhouse. Enjoy outstanding amenities for the Rivermont community including Guadalupe River access, multiple parks, two pools, tennis and basketball courts, playgrounds, pavilions, walking trails, and BBQ areas. This property offers the space, privacy, and lifestyle that make Hill Country living so desirable. All of this, while still just minutes from H-E-B, shopping, dining, and located within the highly regarded Comal ISD. Oh and the home has GVTC fiber!
| |||
| Jul 2, 2013 | Sold | ||
| Sold | |||
| May 15, 2013 | Listed by Keller Williams Hill Country | $237,000 | |
| Listed by Keller Williams Hill Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017