303 Forever Ridge
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 |
|---|---|---|---|
| Jul 17, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by BHHS Don Johnson REALTORS - NB | $51,900 | |
| Listed by BHHS Don Johnson REALTORS - NB | |||
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Not many like this one! Gently sloped very private, treed residential lot in a gated community. Covenants and Deed Restrictions protect your equity here! The gentle slope allows for a side-entry, tuck-under garage or walk-out if desired without having to build an expensive foundation. A majestic unrestricted Hill Country view looking Southward could be obtained with proper construction. Hill Country vegetation and wildlife are plentiful on this 1.441 acre parcel. Subdivision has play area, two ponds, More..
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| Jan 16, 2019 | No longer available | - | |
| No longer available | |||
| Feb 2, 2018 | Listed | $54,900 | |
| Listed | |||
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Don't miss an opportunity to own a piece of pristine Texas Hill Country! Located in highly sought & gated Valentine Ranch. Easy access to Helotes, Medina Lake, Boerne & Bandera. Flat lot w/great build sites & gorgeous trees. Bring your builder and make your dream home become a reality! If you need builder recommendations we can take care of that as well!
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| Jan 23, 2018 | Listed | $54,900 | |
| Listed | |||
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Don't miss an opportunity to own a piece of pristine Texas Hill Country! Located in highly sought & gates Valentine Ranch. Easy access to Helotes, Medina Lake, Boerne & Bandera. Flat lot w/great build sites & gorgeous trees. Bring your builder and make your dream home become a reality! If you need builder recommendations we can take care of that as well!
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Last Updated: 5 months ago
Data Source: LERA, MLS# 540756
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