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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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by Mindy Thomas Realty | $925,000 | |
| Listed by Mindy Thomas Realty | |||
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Welcome to your Dream Home in Boerne, TX! Nestled in the Texas Hill Country with over 100 Large Oak Trees on 5 Acres. This is a Stunning 3 Bedroom, 3 Bathroom Home with a Spacious Study, and a 30 x 30-900 sf Metal Workshop. This Home Boasts Luxury Finishes, 11 ft High Ceilings, 7 ft High Windows and Ample Living Space. As you Enter, you'll be Greeted by a Spacious Open Concept Living Area with Wood and Gas Burning Fireplace, Maple Stained Wood Mantel and Built in Cabinets with Arched Niche Shelves, Perfect for Entertaining Guests. The Gourmet Kitchen Features Hand Scraped Hickory Mahogany Stained Floors, Granite Countertops, Stainless Steel Appliances, 2 Kenmore Elite Ovens, Bosch Dishwasher, Glass Cooktop, and a Large Granite Breakfast Bar with Vegetable Sink for Meal Prep and Additional Seating. The Adjacent Dining Area is Perfect for Family Dinners or Intimate Gatherings. The Primary Bedroom is a True Retreat Offering Outside Access, Large Walk-in Closet and En-Suite Bathroom with Dual Vanities and Separate Walk in Shower with Bench. The 2 Additional Bedrooms Offer Plenty of Space for Family or Guests with Large Walk in Closets, and 2 Additional Separate Full Bathrooms. Enjoy the Texas Sunrise and Hill Country Breezes from your Large 35 ft Covered Front Patio. Other Features include a Spacious Laundry Room with Lots of Counter Space for Laundry Prep and Clothes Folding Area, 2 Car Attached Oversized Garage with Extra Wide and Extra High 8 ft Insulated Door Boasting 622 sf of Space, and Plenty of Storage Throughout the Home. Step Out Back to a Covered 65 ft Concrete Patio that Calls Your Name to Come Enjoy the Texas Hill Country Life. The Covered Patio Has an Open View of the Majestic Oaks, Complete with a Fire Pit Area and Ample Space for Outdoor Seating. The 900 sf Shop has Matching Double Wide Doors Front and Rear to allow for Easy Drive though Loading and Unloading with 12 ft High Ceilings, and an additional 16 x 20 Open Carport. The Shop has Water and is Solar Powered and off the Grid. In Addition there is a 2,500 Gallon Water Storage Tank and Stained Cedar Finished Pump House. Homeowner's Enjoy Private Guadalupe River Access through Home Owner's Parks, and Spring Creek. Kayak, Canoe, Swim, and Play in the Guadalupe River. Horses, Chickens and Bow Hunting Allowed, + Abundance of Wildlife. RV Parking, GVTC High Speed Fiber Internet. No City Taxes. Located in the Highly Sought after Boerne Independent School District, this Home is Just Minutes from Downtown Boerne, HEB, and all of the Shopping, Dining, and Entertainment Options it has to Offer. Don't miss out on the Opportunity to Make this Luxurious Home your Own!
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| Aug 22, 2008 | Sold | ||
| Sold | |||
| Jun 21, 2008 | Listed by Coldwell Banker D'Ann Harper | $105,000 | |
| Listed by Coldwell Banker D'Ann Harper | |||
| Mar 13, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017