36 Spur DR
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 |
|---|---|---|---|
| Sep 6, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 12, 2024 | Listed by Magnolia Realty Temple Belton | $1,095,000 | |
| Listed by Magnolia Realty Temple Belton | |||
| Jun 7, 2022 | No longer available | - | |
| No longer available | |||
| Jun 2, 2022 | Listed by Fathom Realty, LLC | $944,000 | |
| Listed by Fathom Realty, LLC | |||
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COME HOME to this stunning log cabin on 3 acres in Morgan’s Point Resort just minutes from Belton Lake. Listen to the leaves move through the trees on your spacious front porch. Enjoy the sound of the rain pouring down on the tin roof. Feel like you’re at a retreat in this full-round style cabin among the wildlife and the towering live oaks, while only minutes away from shopping, restaurants and schools.Great for entertaining, the home opens into the Great Room which features vaulted beamed ceilings including the living & dining rooms and a huge, eat-in kitchen with two islands and cabinets galore with updated leathered black quartz countertops. The kitchen includes a built-in wine refrigerator and an additional beverage fridge. Wired for indoor and outdoor speakers you can take the party outside onto the oversized partially covered deck surrounding a shady red oak in the center. Or you can venture further to the in-ground fire pit.Each of the 3 bedrooms are oversized and are attached to their own recently remodeled full bathrooms which have helped highlight the home’s unique and rustic style. A large utility room with additional pantry space leads to a massive additional living area bathed in natural light with a storage closet, a wet bar and room for numerous possibilities.This home is truly one of a kind and warrants consideration even if living in a log cabin wasn’t on your short list. 3 acres near the lake in an extraordinary slice of Central Texas. Schedule a showing before it’s gone. The manager has listed the unit size as 3732 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017