308 Sombrero
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Apr 10, 2021 | Listed | $499,000 | |
| Listed | |||
| | |||
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Wow! Drink in the scene of stately trees, sparkling ponds, and rolling green golf course hills from the living room, breakfast nook, and master bedroom. The large screened-in back porch is perfect for entertaining, or for watching deer in quiet seclusion. When the afternoon sun gets low in the sky, the motorized retractable awning comes rolling to the rescue. Hardwood floors and the exposed beam in the vaulted ceiling lend a warm vibe to the spacious living room, which features a wood burning fireplace and wet bar. Don't need a formal dining room? Use that space as a game or media room. There is room for a dining table in the breakfast nook. The current owner has lived in many homes, but this kitchen is her favorite because of all the storage! There is an abundance of cabinets, two pantries, and even a deep, hidden cabinet under the breakfast bar. Granite counter-tops and stainless steel Whirlpool appliances were included in the remodel. In the master suite you'll find a seating area, French doors leading to the back porch, two walk-in closets, double vanities and a large walk-in shower. Oodles of storage throughout the home. Situated on the #3 green and #4 tee box of Slick Rock Golf Course, this home is in the heart of Horseshoe Bay. Quail Point, the lakeside homeowner's park, is just a short golf cart ride away. Resort members will appreciate the nearness of the marina, spa, dining, pool, gardens, tennis and more. Beautiful home, great location, hot market. Don't hesitate! Come see it today! The manager has listed the unit size as 2738 square feet.
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| Oct 15, 2019 | Sold | ||
| Sold | |||
| Mar 17, 2019 | Listed by Keller Williams Lake Travis | $399,000 | |
| Listed by Keller Williams Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017