278 STONEBROOK RDG
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%.
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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 2, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$1,187,500
↓ $63K
(5%) | |
| Price Decreased | |||
| Jun 10, 2025 | Listed by Keller Williams Heritage | $1,250,000 | |
| Listed by Keller Williams Heritage | |||
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Experience true resort-style living in this contemporary Hill Country estate set on more than 5 acres in the coveted River Chase community. The backyard is a private oasis, featuring a sparkling pool, spacious patio, elegant pergola, and mature trees that create a peaceful haven. Inside, the home offers over 3,100 square feet of thoughtfully designed space featuring wood and slate flooring throughout, along with high ceilings, crown molding, and plantation shutters that add warmth and timeless sophistication. The living room is bright, with built-in bookshelves and expansive windows offering views of the pool. The kitchen offers an island, beautiful countertops, plenty of cabinetry, and a cozy breakfast nook. An elegant formal dining room sits just off the kitchen, offering a dedicated space for hosting. The split primary suite offers a spacious retreat, complete with a luxurious en-suite bath featuring double vanities, a walk-in shower, stunning garden tub, and a generous walk-in closet. Two additional bedrooms, plus a dedicated office that could easily serve as a fourth bedroom, provide flexibility to fit any lifestyle. Upstairs, an oversized attic offers excellent potential for a game room, loft, or future expansion. Outdoors, function meets form with a 36-foot-high garage and an additional storage building ideal for RV, boat, or equipment storage. A fenced area provides a secure space for pets, and the property includes its own private well for added independence and long-term value. Whether lounging poolside beneath the pergola or enjoying a summer swim, the outdoor space offers a perfect balance of relaxation and recreation. As a resident of River Chase, enjoy exclusive access to exceptional amenities including a private Guadalupe River park, swimming pool, fitness center, clubhouse, sports courts, and scenic walking trails-all just minutes from New Braunfels and Canyon Lake. This rare blend of luxury, land, and lifestyle captures the essence of Hill Country living at its finest!
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| Apr 12, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017