LOT 20 N LA CANCION DR
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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 |
|---|---|---|---|
| Aug 2, 2018 | Sold | ||
| Sold | |||
| Jul 3, 2018 | Listed by Coldwell Banker D'Ann Harper | $259,000 | |
| Listed by Coldwell Banker D'Ann Harper | |||
| | |||
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Imagine sipping on your favorite cool beverage in the shade while admiring the beautiful Texas hill country views, white tail deer and axis deer. Stretch out, take a deep breath of fresh air and feel the private seclusion on this gorgeous 12.75 acre lot covered in trees and surrounded by large lots in a gated subdivision that is ONLY 20 minutes from downtown Boerne! Does this sound like your piece of Texas heaven? Yeah, that's what I thought. Come check this dream out for yourself.
| |||
| Nov 30, 2010 | Sold | ||
| Sold | |||
| Sep 28, 2010 | Listed by Hill Country Land Source | $249,000 | |
| Listed by Hill Country Land Source | |||
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About La Cancion
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Last Updated: 6 months ago
Data Source: LERA, MLS# 860184
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