32
Map
281 Ging 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%.
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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.
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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 24, 2025 | Price Decreased |
$1,150,000
↓ $20K
(1.7%) | |
| Price Decreased | |||
| Aug 7, 2024 | Listed by Keller Williams Realty Lone St | $1,170,000 | |
| Listed by Keller Williams Realty Lone St | |||
| Aug 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 4, 2024 | Price Decreased |
$1,200,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| May 14, 2024 | Listed by TX Rec Land Real Estate | $1,300,000 | |
| Listed by TX Rec Land Real Estate | |||
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The historical central Texas ranchette sits on 24 acres nestled in gently rolling hills of hay and enclosed with an electric gate. The farmhouse was built in 1930 and totally remodeled in 2017, keeping the warm and charming character. Exposed wooden beams overhead and hardwood floors underfoot lend a rustic allure. The living spaces are bathed in natural light, creating an inviting ambiance.
The primary and second bedrooms are on the first floor. Upstairs is the third bedroom and bathroom with a stand-alone shower. The upstairs also offers an extra living room that can be used as a game room, media room, gym, office, etc.
At the bottom of the hill, there is a small, stocked pond surrounded by trees that attract waterfowl, deer, and other wildlife. Whether seeking a tranquil sanctuary for country living or a historic backdrop for cherished gatherings, this historical ranchette offers a rare opportunity to embrace life's simple pleasures amidst the beauty of nature.
In the heart of the Golden Triangle of Texas, 30 miles to downtown Austin, 2 hours from San Antonio, 2.5 hours from Houston, 3 hours to Dallas. Just 10 miles from the new Samsung campus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017