308 PARADISE POINT
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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Texas Edge Realty | $125,000 | |
| Listed by Texas Edge Realty | |||
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Breathtaking views into a defined greenspace and a private lake will make those Monday mornings just a little bit better. At nearly half an acre, there is plenty of space to build your dream home on one of the highest points in the Boerne area. Set in the coveted Tapatio Springs community and the Boerne ISD, this homesite is free from city taxes! Reasonable restrictions will keep your investment secure! Gated, private roads and the neighborhood amenity center including the pool is directly across the street.
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| Dec 29, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2020 | Listed by JPAR San Antonio | $85,000 | |
| Listed by JPAR San Antonio | |||
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Come see what makes this Corner Lot your next ideal spot to build your forever home. This residential lot is located inside Tapatio Springs where you are surrounded by Hill Country Views and luxury on-site features. This community has a golf course, clubhouse, swimming pool, pond, event room, and walking/running trails. Luxury on-site features are for Tapatio Springs Resort members, HOA cost does not cover all amenities. This gently sloping lot has utilities in place and is ready to build on, look no further!
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| May 12, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017