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2425 Smoke Rise Canyon
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 |
|---|---|---|---|
| Sep 24, 2026 | No longer available | - | |
| No longer available | |||
| Sep 24, 2026 | Listed by Call It Closed Int'l Realty | $399,900 | |
| Listed by Call It Closed Int'l Realty | |||
| Mar 23, 2026 | Listed by Call It Closed Int'l Realty | $249,900 | |
| Listed by Call It Closed Int'l Realty | |||
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Photos show two parcels that will are listed separately, but can be sold together. Located in the scenic Bulverde Estates of Hill Country, 2425 Smoke Rise Canyon offers approximately 2.48 acres of pristine, undeveloped land. This property features a beautiful elevation that provides the perfect vantage point for a custom dream home, offering privacy and seclusion from the city. With no HOA, the lot serves as a clean slate for the right buyer. While utilities—including water, sewer, and electric—will need to be installed, the potential for a private retreat is unmatched. Buyers are advised to verify all restrictions regarding building requirements or horses. We encourage you to drive by and experience the tranquil atmosphere of this Hill Country gem firsthand. Red outlines in the photos show two different parcels for sale. The seller is willing to sell both together, but this specific listing pertains to 2425 Smoke Rise Canyon. An aerial video can be sent if you are interested.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017