311 MOUNTAIN SPRINGS DRIVE
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.
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Price Decreased |
$1,250,000
↓ $50K
(3.8%) | |
| Price Decreased | |||
| May 22, 2024 | Listed by Keller Williams City-View | $1,299,500 | |
| Listed by Keller Williams City-View | |||
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Rare Texas Hill Country Lodge style home on 7+acres just minutes from Main St Boerne - winding road on this tree studded property offers ultimate privacy. Stunning stone two-story home comes into view at the end of the long, private drive and thrills with over 4,000sf per owner ,five bedrooms, slate & pine wood floors. Views from every window. Formal dining, large living with stone fireplace, bar plus views of the acreage. Big kitchen with center island, updated appliances and breakfast area that opens to the back porch. Primary bedroom is down with outside access, large closet, great bath with shower, centered tub, his/her vanities- opens to office or exercise area. Upstairs, gameroom, four bedrooms, baths. Spacious back porch, sparkling pool with waterfall, pavilion makes this an outdoor paradise. PLUS office/man cave/guest quarters with full bath is a great getaway space. Horse friendly, great views, minutes from Boerne and easy access to IH-10.
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| May 8, 2024 | Listed by San Antonio Portfolio KW RE | $1,250,000 | |
| Listed by San Antonio Portfolio KW RE | |||
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Rare Texas Hill Country Lodge style home on 7+acres just minutes from Main St Boerne - winding road on this tree studded property offers ultimate privacy. Stunning stone two-story home comes into view at the end of the long, private drive and thrills with over 4,000sf per owner, five bedrooms, slate & pine wood floors. Views from every window. Formal dining, large living with stone fireplace, bar plus views of the acreage. Big kitchen with center island, updated appliances and breakfast area that opens to the back porch. Primary bedroom is down with outside access, large closet, great bath with shower, centered tub, his/her vanities- opens to office or exercise area. Upstairs, gameroom, four bedrooms, baths. Spacious back porch, sparkling pool with waterfall, pavilion makes this an outdoor paradise. PLUS office/man cave/guest quarters with full bath is a great getaway space. Horse friendly, great views, minutes from Boerne and easy access to IH-10;
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017