Lot 3 Saddle Ridge DR
About This Property
Key features include:
* Utilities: Electric available at the street; well and septic required.
* Tax Benefits: Wildlife exemption with a low tax rate of 1.33%.
* Community: Gated neighborhood with HOA oversight (buyer agent to verify building restrictions).
Escape the noise of the city and embrace peaceful living in this desirable location. Nestled in the hill country.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 2, 2024 | Listed by White Label Realty | $125,000 | |
| Listed by White Label Realty | |||
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Listed Office: White Label Realty - Listing courtesy of Unlock MLS
Phone: (254) 870-4044
Last Updated: 2025-02-18 04:39:31
Data Source: Unlock MLS, MLS# ACT9236142
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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