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2553 GEORGE PASS
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 |
|---|---|---|---|
| Oct 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 7, 2025 | Price Decreased |
$121,000
↓ $21K
(14.8%) | |
| Price Decreased | |||
| May 28, 2025 | Listed by Kuper Sotheby's Int'l Realty | $142,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Mar 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 19, 2023 | Listed by Kuper Sotheby's Int'l Realty | $163,900 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Canyon Lake Living! This beautiful 1.35 acre lot located in The Enclave at Canyon Lake has been cleared and is ready for your dream home. Large native hardwood Oak Trees and lollipop trimmed Cedars remain to help create the vision of what this lot will become. Slightly sloping down from George Pass, the topography will provide excellent privacy for the home built on this property. This coveted and gated community has only 88 homesites in total making it quite exclusive. Adding to the list of amenities, it not only has a 28 acre waterfront lake access Community Park complete with a sparkling swimming pool and cabanas for your relaxation, but also a community / private airstrip for the discerning client who wishes to fly in and out for their daily commute. Underground utilities add to the ambiance creating majestic and serene view. Easy access to all things Hill Country, this lot is the perfect combination of location and elegance. Walk, drive or take the golf cart down to the water and start enjoying Canyon Lake life today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017