23155 MATHIS RD
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Malouff Realty, LLC | $219,000 | |
| Listed by Malouff Realty, LLC | |||
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
| May 21, 2022 | Price Decreased |
$139,000
↓ $11K
(7.3%) | |
| Price Decreased | |||
| Apr 9, 2022 | Listed by eXp Realty | $149,900 | |
| Listed by eXp Realty | |||
| | |||
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LOCATION, LOCATION, LOCATION!!! Come enjoy the stillness of the Texas country in this cleared and fenced 0.6 acre lot 2 minutes from major highway!!! This property is sold as is, no repairs. If you're looking to invest, this is an excellent investment opportunity!! This property is close to Braunig Lake / Braunig Lake Park and only 20 minutes from Downtown San Antonio. All services on site: city water, septic tank and electricity. Property includes a 2 bedroom, 2 bathroom, + flex space home that includes a hot tub!!!! It needs to be renovated, but can easily transform into an AirB&B, or rental income. Come and build your dream home in the front of lot, and rent the back home, or keep it as a mother in law suite! So much potential in this piece of Texas! Won't last long! The manager has listed the unit size as 1299 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017