24023 Gran Palacio
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%.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | Listed by Phyllis Browning Company | $1,395,000 | |
| Listed by Phyllis Browning Company | |||
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This award-winning, single-story and picturesque Mediterranean estate is found in The Palacios at Cibolo Canyon, just off TPC Parkway. Impeccably built and carefully designed, this +/- 4600 square foot, 4 bedroom, 4 1/2 bath stunner is built around a breathtaking, resort-style outdoor oasis, allowing for seamless indoor and outdoor living continuity. Once inside, you'll be struck by the home's impressive and open floor plan, featuring gourmet kitchen with large island and gas cooking, walk-in pantry and coffee bar, a great room with barrel and vaulted ceilings and rotunda dining room with adjacent wine room that overlooks the pool and well-manicured courtyard. There's an expansive primary suite with private sitting area and spa-like bathroom retreat with separate tub and shower, oversized walk-in closet and his-and-her vanities. The secondary bedrooms are generously sized, each with en-suite bathrooms and large closets. The home also boasts a state-of-the-art media room and private office. Sophisticated architectural and design elements abound through its stone and wood floors, custom millwork, doors and beams, custom cabinetry and gallery windows. The outdoors invites luxurious respite with a stunning pool, spa and fountain and patio complete with outdoor kitchen and fireplace. The fourth bedroom and bath offer a separate living space away from the house and can make for the perfect guest house. Lush landscaping, a secluded patio off the great room and a three-car, oversized garage alongside other luxury features too great to mention complete the picture of this truly unique home.
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| Sep 10, 2010 | Sold | ||
| Sold | |||
| Dec 17, 2009 | Listed by Nextage Lone Star Realty | $1,149,000 | |
| Listed by Nextage Lone Star Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017