317 Sun Spot
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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 |
|---|---|---|---|
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Listed by Keller Williams - Lake Travis | $1,350,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Mar 23, 2019 | No longer available | - | |
| No longer available | |||
| Nov 15, 2018 | Listed | $999,000 | |
| Listed | |||
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Horseshoe Bay: STUNNING GOLF & LAKE LBJ VIEWS. Cascading water welcomes you home as you step through the luxurious front doors into understated elegance. Towering ceilings & massive windows frame sweeping golf course views of Applerock Golf Course’s #11 fairway. Relax with friends & family in the gracious living/dining/kitchen Great Room where your Alexa controlled whole house system makes life almost effortless. Quartz counters glisten atop glowing white cabinetry & set off the stunning stainless Viking appliances. Enjoy a quick meal at the center island then move to the dining area for a more formal banquet. A massive catering kitchen is tucked conveniently nearby. A powder bath, mud room, & large laundry are conveniently steps away. Off the main living area, the master brags unbelievable golf views, sitting area, & private patio access. An en-suite bath offers granite counters, slipper tub, separate vanities & a large walk in closet. Across from the living room, an office is the ideal place to work from home & could serve as another bedroom. It shares a bath with an adjoining second bedroom while, down the hall, a third bedroom features its own private bath. Wind down on the covered patio where Lake LBJ sparkles from the wrap around porch. Make dinner for family and friends in your outdoor kitchen as you watch the game together. Linger over dinner and drinks as twilight softens &, with your favorite tunes playing, count the stars of the endless Texas skies. The manager has listed the unit size as 3160 square feet.
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About Horseshoe Bay
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$4,750 /mo
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$1,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017