324 LOST MOUNTAIN RANCH
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Anders Pierce Realty, LLC | $1,485,000 | |
| Listed by Anders Pierce Realty, LLC | |||
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Located in the heart of the Texas Hill Country. Located along Park Rd 4, this home is a short 10 miles to Inks Lake State Park, 4 miles to the Longhorn Cavern State Park, 12 miles to the waterways of Lake LBJ, and 11 miles to the Bluebonnet Cafe in Marble Falls. THIS GORGEOUS CUSTOM BUILT HOME RESIDES BEHIND THE GATES AT THE RANCHES OF LOST MOUNTAIN SUBD. ON A 10.9 ACRE TRACT WITH AN ABUNDANCE OF OAK TREES AND FEATURES A WET WEATHER CREEK (Back Bone Creek) THAT AFFORDS A SANCTUARY FOR A RANGE OF WILDLIFE. THE CRAFTSMANSHIP THAT WENT INTO THIS HOME IS EVIDENT AS SOON AS YOU WALK THROUGH THE FRONT DOOR. Large open living/kitchen/dining with 20 ft. ceilings, floor to ceiling fireplace flanked by Zebra wood custom built-ins and a wall of windows with sweeping views of the beautiful landscape. The kitchen features maple cabinets, quartz counters, walk in butler's pantry, 6 burner gas cooktop, built-in microwave, vegetable sink, and a wet bar with icemaker and beverage refrigerator. The owner's suite features his/her vanities, his/her closets, walk-in shower, soaking tub, and custom white oak cabinetry. The garage has a mini split a/c system, epoxy floors, and metal custom automatic doors. AG EXEMPT WITH WILDLIFE MANAGEMENT EXEMPTION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017