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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 8, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by Connect Realty.com | $79,900 | |
| Listed by Connect Realty.com | |||
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You have to see these breath-taking views! This property is the perfect piece of Hill Country living for your family forever home or just a weekend getaway. Water and Electric are on-site and it's just minutes away from the tourist hot spot, downtown Bandera Tx!
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| Jun 4, 2021 | Sold | ||
| Sold | |||
| Mar 31, 2021 | Listed by John Shedd Real Estate | $49,900 | |
| Listed by John Shedd Real Estate | |||
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Medina Lake 1+- acre tract with water system and electricity in place. Views of the surrounding hill country, and Medina Lake. Abundant wild game roam the area year round with no hunting allowed.The building location has been cleared and a new driveway is in place with a electric meter loop, and water meter. This acre is less than an hour from San Antonio, and minutes from the Cowboy Capital of Bandera with its stores and many western themed night clubs.
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| Aug 21, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017