321 Friday Mountain Ranch Rd
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 |
|---|---|---|---|
| Aug 12, 2023 | No longer available | - | |
| No longer available | |||
| Nov 16, 2022 | Price Decreased |
$1,999,999
↓ $250K
(11.1%) | |
| Price Decreased | |||
| Aug 23, 2022 | Listed by AVO REALTY | $2,250,000 | |
| Listed by AVO REALTY | |||
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The address says it all this will be your Friday Mountain Ranch. Actually, it’ll be your Monday, Tuesday, Wednesday Mountain ranch too. This pristine home has awe inspiring 360 degree panoramic views of the Texas hillside. Hard to find horse friendly property with 3 stall stables, tack room and an arena with these one-of-a-kind views. The covered back porch is perfect for anytime of the day. Enjoy the breeze, wildlife, bird watching and star gazing at one of the highest points in the county. This property has so many different areas to satisfy different uses of the land with pastures, pecan groves, hillside and forest areas. Home is located just 12 minutes to Dripping Springs. The seller will gently restrict the property to exclude but not limited to swine. Ag Exempt in place. Schedule your viewing of this property today to imagine the possibilities! The manager has listed the unit size as 2400 square feet.
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| Jun 7, 2019 | No longer available | - | |
| No longer available | |||
| Jun 5, 2019 | Listed by AVO Realty, LLC | $990,000 | |
| Listed by AVO Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017