229 Terramar
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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$495,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Topper Real Estate | $520,000 | |
| Listed by Topper Real Estate | |||
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This residence features four bedrooms and three bathrooms, providing ample space for comfortable living. The kitchen and family room are at the heart of the home. The primary bedroom has dual vanities, spacious walk-in closet and separate tub and shower, and a second bedroom with full bath - perfect for an in-law or guest suite. The living room offers a warm and inviting atmosphere, anchored by a fireplace that promises cozy evenings and memorable gatherings. The kitchen is a culinary dream, featuring custom cabinets, 5-burner cooktop and double ovens, a large kitchen island perfect for gathering around. The three-car garage offers plenty of room for vehicles and storage. Enjoy outdoor living on the patio, within the privacy of a fenced backyard. Included are energy efficient features such as a 16 SEER Carrier AC, double-pane windows, and 30-year dimensional shingles. The open floor plan enhances the sense of space and light throughout the home. A laundry and mud room adds convenience to daily routines. This home is an opportunity to experience elevated living in a home crafted for both style and comfort. Schertz-Cibolo Universal City Independent School District with convenient access to Randolph Air Force Base, Fort Sam Houston, Loop 1604, and I-35
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| Jun 4, 2025 | Price Decreased |
$520,000
↓ $19K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017