16421 BORREGAS RD
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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%.
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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 3, 2014 | Sold | ||
| Sold | |||
| Feb 11, 2014 | Listed by SATEX Properties, Inc. | $56,000 | |
| Listed by SATEX Properties, Inc. | |||
| Feb 4, 2014 | Sold | ||
| Sold | |||
| Jul 1, 2013 | Listed by SATEX Properties, Inc. | $58,000 | |
| Listed by SATEX Properties, Inc. | |||
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Very nice piece of property ready to be built upon. Excellent roads. Very close to Braunig Lake. Minutes from I-37 and Donlop Road. Within 25 minutes of downtown San Antonio. Property is fenced. Next door lot is also available so could actually buy 12 acres. Horses allowed. If you drive by property the lot runs past the tree line.
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About East Central San Antonio
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Last Updated: 5 months ago
Data Source: LERA, MLS# 1040519
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