188 Avenida Cortez
About This Property
The kitchen is designed with abundant cabinetry, granite countertops, a built-in oven and microwave, an electric cooktop, and a cozy breakfast nook. The sequestered primary suite provides a private retreat with dual closets, dual vanities, a jetted tub, and a separate shower. The oversized guest bathroom also includes dual sinks for added convenience.
Outside, enjoy the fenced backyard complete with an above-ground pool, hot tub, firepit, and chicken coop. The attached two-car garage provides everyday convenience, while the impressive 1,540-square-foot metal workshop offers endless possibilities. Featuring a garage bay and a center office or bonus room, this space is ideal for hobbies, storage, a home business, or additional workspace.
With grassy acreage, room to roam, and a location only a short drive from Abilene, this property combines the comforts of country living with the convenience of town nearby. Whether you're looking for space for animals, projects, or simply room to spread out, this property offers it all.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by Sujo McKee Real Estate | $499,900 | |
| Listed by Sujo McKee Real Estate | |||
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by Beall & Company | $460,000 | |
| Listed by Beall & Company | |||
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Ranch style home on 5 manicured acres, just a few minutes south of Abilene, pecan trees and junipers for shade. Home has been remodeled during the last year, including new flooring, light fixtures, granite, and paint inside and out. Hall bath has double sinks and a large walk-in closet. Bedrooms are all nice size with large closets, so tons of storage in this home. Primary bath is a spa oasis with large shower, deep jetted tub, and separate vanities. Cathedral ceilings in the large living room, wood burning fireplace and built-in shelves. Large formal dining, separate breakfast area, plus a bonus room that could be an office, extra sitting area, or game room. There is a 1540 Sq Ft shop, with 2 bays that could hold equipment or vehicles on each end, and an office space between the bays. Large trees shading area behind the shop feels like a large park for kids to play and picnic. There is a fence backyard for your dog and lots more land to run on! Here is your new country home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017