2032 Flite Acres RD
About This Property
Featuring 2 bedrooms and 2 bathrooms, providing a cozy and private space for friends and family. There is extensive attic space, offering the potential for additional customization or storage. The covered back porch with panoramic views overlooks a second pavilion and one of a kind outdoor shower hand crafted from natural resources found on the property. A carved path leads you to the river where you will find a stone picnic table made from boulders nestled along the river bank.
This is a rare opportunity to own a brand new custom home situated on the Blanco River in the heart of the Hill Country.
The property next door - 2028 Flite Acres - is also for sale by itself or you can purchase both properties together to create the forever home of your dreams!
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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 |
|---|---|---|---|
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Price Decreased |
$900,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| May 31, 2024 | Price Decreased |
$950,000
↓ $48K
(4.8%) | |
| Price Decreased | |||
| Apr 8, 2024 | Listed by Realty One Group Prosper | $998,000 | |
| Listed by Realty One Group Prosper | |||
| Feb 23, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017