246 Elm Valley
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 |
|---|---|---|---|
| Jun 9, 2021 | No longer available | - | |
| No longer available | |||
| May 20, 2021 | Listed | $750,000 | |
| Listed | |||
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Rare Opportunity for long range views minutes from conveniences of city amenities! The moment you drive up the paved tree lined drive you see your first of many stunning views. Then you open the front door and there is that gorgeous view again. Beautiful Hill Country home sits on 6+ acres in Elm Valley community, Bulverde. The property includes a Stadler designed home with a POOL on a hill overlooking a solar lit riding arena, four horse stalls with misting system, corner feeders and fans, insulated conditioned tack room, a recently built chicken coup and shaded lot at back of property! Property is Cross Fenced and has groves of trees allowing for plenty of shade. Horse Lovers Dream!!! True Hill Country living defines this stunning equestrian property. Built in 2010 this home has open-concept kitchen with fine cabinetry, large pantry, granite counters & generous family room with unique 'see through' fireplace from living room to flex space. Flex Space can be used for Game Room, Study, play area, exercise or second living for guest. Master suite and bathroom are lavish in space and design. Breath taking views, property amenities, location, and accessibility will not disappoint. The manager has listed the unit size as 2569 square feet.
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| Aug 13, 2019 | No longer available | - | |
| No longer available | |||
| May 14, 2019 | No longer available | - | |
| No longer available | |||
| May 12, 2019 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017