3368 State Highway 173 N
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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by eXp Realty | $260,000 | |
| Listed by eXp Realty | |||
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Experience the ultimate in country living with this charming 3-bedroom, 2-bathroom home in Hondo, TX. This property comes equipped with its own well, septic system, and water rights, all set on 3.09 acres of beautifully flat and cleared Texas land. Relax in the tranquility of nature on either of the large, covered decks. Enjoy the satisfaction of biting into juicy homegrown peaches, plums, pears, and figs from the trees right on the property. If you have an interest in agriculture, you'll appreciate the fenced areas perfect for managing livestock and providing plenty of space for your animals. The property is fully fenced from the highway to the back and includes a metal carport for two vehicles, two storage sheds, and a convenient gravel driveway. Inside, your new countryside retreat features an open floor plan, a master bathroom with a tub and shower, a spacious kitchen, and a generous master bedroom. Located just off State Hwy 173 N, you'll have easy access to Hwy 90. Open to owner financing!
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| Sep 29, 2024 | Listed by eXp Realty | $215,000 | |
| Listed by eXp Realty | |||
| | |||
|
Experience the ultimate in country living with this charming 3-bedroom, 2-bathroom home in Hondo, TX. This property comes equipped with its own well, septic system, and water rights, all set on 3.09 acres of beautifully flat and cleared Texas land. Relax in the tranquility of nature on either of the large, covered decks. Enjoy the satisfaction of biting into juicy homegrown peaches, plums, pears, and figs from the trees right on the property. If you have an interest in agriculture, you'll appreciate the fenced areas perfect for managing livestock and providing plenty of space for your animals. The property is fully fenced from the highway to the back and includes a metal carport for two vehicles, two storage sheds, and a convenient gravel driveway. Inside, your new countryside retreat features an open floor plan, a master bathroom with a tub and shower, a spacious kitchen, and a generous master bedroom. Located just off State Hwy 173 N, you'll have easy access to Hwy 90.
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| Dec 16, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017