206 GROVE PL
About This Property
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | Price Decreased |
$319,900
↓ $30K
(8.6%) | |
| Price Decreased | |||
| Jul 4, 2024 | Listed by LPT Realty, LLC | $349,900 | |
| Listed by LPT Realty, LLC | |||
| |||
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BIG PRICE REDUCTION - If you are in search of a spacious, inviting and well maintained home in the beautiful neighborhood in Cibolo, then look no further! This stunning 4-bedroom, 2-bathroom home, located at 206 Grove Pl, Cibolo, TX 78108, is now available for sale with its impressive features and desirable location, this property is sure to capture the attention of homebuyers seeking comfort, convenience, and style. As you step into this 2260 sq ft single-story home, you will be greeted by a feeling of openness, thanks to its high 10' and 11' ceiling heights. The well-designed layout of the house includes a spacious family room, perfect for entertaining guests or spending quality time with family. Additionally, the dining and breakfast areas provide ample space for enjoying meals together, creating lasting memories. The heart of the home, the kitchen, is a cook's dream. With its large bar top island, it offers plenty of counter space for meal preparation and a convenient layout that makes cooking a breeze. Whether you are hosting a grand dinner party or preparing a simple family meal, this kitchen is sure to impress. One of the standout features of this property is the brand new 16 Seer HVAC system with a heat pump. This addition ensures that you will be able to enjoy maximum comfort throughout the year while also benefitting from energy efficiency. Additionally, a new roof has been installed, providing peace of mind and protection against the elements. This home has three sided stone and brick for easy maintenance and long lasting exterior walls. The attention to detail and care put into this home is evident in the fresh Sherwin Williams paint, both inside and out. The new paint create a warm and inviting atmosphere, making it easy for you to envision yourself living your best life within these walls. Another notable aspect of this property is that it has been a one-owner home since its construction in 2006. This level of ownership speaks volumes about the care and love that has been poured into maintaining this residence over the years. Located in The Heights of Cibolo, this home offers wonderful community amenities, including a spacious park area, kids playground, large lap pool, and a great location. With its close proximity to schools, shopping centers, and major highways, you will have everything you need conveniently within reach. Do not miss the opportunity to make this impressive property your forever home. With its spacious layout, modern updates, and desirable location, 206 Grove Pl is a true gem in the real estate market. Come see and view yourself the many possibilities that this home holds.
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| Jun 21, 2007 | Sold | ||
| Sold | |||
| Aug 24, 2006 | Listed by Elbert Ruiz | $206,194 | |
| Listed by Elbert Ruiz | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017