Lot 23 Lariat Trace
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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 7, 2022 | Sold | ||
| Sold | |||
| Feb 12, 2022 | Listed by Powell Real Estate | $72,000 | |
| Listed by Powell Real Estate | |||
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WHOA ! ~ your slice of the TEXAS Hill Country ! This lot lays nicely for your home site ~ easy build. Fantastic amenities incl Medina River access ~ land owners enjoy a swimming hole & playground, 2 clubhouses, plus more ... Medina River access ~ kayak at the park, go fishing or quietly relax among the cypress trees along the riverside. Horses welcome (1 per 2ac) ~ plenty of room to ride !! Neighbors are building really nice custom homes ! Min 2200 SF + 75% masonry ~ restrictions allow a barn with 30% living qtrs only during home construction. Underground util incl * FIBER OPTIC for high-speed internet * central wtr (septic reqd). IMPORTANT ~ ask for my maps before you go
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50731480
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017