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LOT #22 Horizon Crest
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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by Kuper Sotheby's Int'l Realty | $350,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Jul 28, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by JB Goodwin, REALTORS | $340,000 | |
| Listed by JB Goodwin, REALTORS | |||
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Long range, majestic, Hill Country views in the beautiful gated neighborhood of Coveney Ranch. Buy now and build when you are ready. Build your custom dream home on a wonderful level site that can be tucked into the lot for privacy. The lot has been cleared and trees maintained over the years. Lot backs up to the prestigious Bear's Ridge of Cordillera Ranch. You can walk down to the community pond. The amount of trees and views are endless! You will feel like you are in the country with an easy commute into Boerne, Bulverde or San Antonio! Boerne School District and Highschool is currently choice to either Boerne HS or Boerne Champion HS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017