262 LANTANA CERRO
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 |
|---|---|---|---|
| Feb 10, 2019 | No longer available | - | |
| No longer available | |||
| Nov 30, 2018 | Listed | $485,000 | |
| Listed | |||
| | |||
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Custom home currently under construction with estimated completion February, 2019. This home sits on 1.26 acres and backs up to a large acreage lot. Luxurious features in this home will include ceramic tile flooring in living areas/carpet in bedrooms. Open floor concept with wood burning fireplace and built ins. Huge kitchen island with granite counter tops, custom cabinets and stainless steel appliance package. Master suite is on opposite side from secondary bedrooms. This is an amazing floor plan! The manager has listed the unit size as 2889 square feet.
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| May 16, 2018 | Sold | ||
| Sold | |||
| Nov 14, 2017 | Listed by RE/MAX North-San Antonio | $59,900 | |
| Listed by RE/MAX North-San Antonio | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017