33
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24203 Fulkes RD
About This Property
The home itself sits on a spacious 2.11-acre corner lot with sweeping Hill Country views. A flexible 1-bedroom, 1-bath layout includes a dining area currently used as a second bedroom, vaulted ceilings, granite countertops, and a covered outdoor patio with a wood-burning fireplace. A livestock pen rounds out the acreage for those who want a true working property. This is the kind of opportunity that rarely comes together - functional living, serious workspace, and a ready-made expansion plan, all on acreage with room to grow.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Price Decreased |
$530,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$540,000
↓ $35K
(6.1%) | |
| Price Decreased | |||
| Apr 27, 2026 | Listed by Watters International Realty | $575,000 | |
| Listed by Watters International Realty | |||
| Jul 2, 2025 | Delisted | - | |
| Delisted | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017