240 Mexican Hat Dr
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 |
|---|---|---|---|
| Mar 11, 2022 | No longer available | - | |
| No longer available | |||
| Mar 8, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | In contract | - | |
| In contract | |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | Listed by Midciti Realty | $190,000 | |
| Listed by Midciti Realty | |||
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3 acres in Mystic Shores just minutes from Canyon Lake. It's ready for your dream home in the Hill Country! Level with scattered trees, combine this lot with the adjacent lot we have for sale and you've got your own ranchette. Great building sites throughout, horses allowed, underground utilities and amazing neighborhood amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017