257 N Rip Ford Rd
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 |
|---|---|---|---|
| May 16, 2023 | No longer available | - | |
| No longer available | |||
| Apr 24, 2023 | Listed by Vortex Realty LLC | $50,000 | |
| Listed by Vortex Realty LLC | |||
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PROPERTIES IN THE HILL COUNTRY COMMUNITY Comal Hills, located in a quiet area yet close to US-281. Two Properties side by side for over .53+ of an acre. Each lot listed at $50k. Seller has installed water to the lot. Water is currently off but can be turned on at any time. Survey for both lots has been uploaded. Conveniently located to the Guadalupe River, swimming and fishing areas. Fire Dept/Emergency Services at the corner of US-281 and Puter Creek Rd. The other lot is listed at MLS # 1682723 The manager has listed the unit size as 11674 square feet.
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| Aug 24, 2020 | Sold | ||
| Sold | |||
| Mar 27, 2020 | Listed by Phyllis Browning Company | $30,000 | |
| Listed by Phyllis Browning Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017