386 Landons Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$189,500
↓ $10K
(5.1%) | |
| Price Decreased | |||
| Jul 11, 2025 | Price Decreased |
$199,750
↓ $8K
(3.7%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed by The Kordish Group | $207,450 | |
| Listed by The Kordish Group | |||
| |||
|
Don’t miss this rare opportunity to own 2.5 acres in a desirable Hill Country neighborhood just off Hwy 281. Located on a quiet one-way-in/one-way-out street, this homesite is surrounded by custom homes and mature live oaks, offering privacy and a strong sense of community. The area is known for its natural beauty and pride of ownership. No HOA means freedom to build your dream home. Zoned to top-rated Smithson Valley ISD, this location is ideal for families seeking great schools and a welcoming area. Enjoy quick access to outdoor recreation, with the local sports park less than a mile away, the Guadalupe River nearby, and Canyon Lake and Guadalupe River State Park within easy reach. New Braunfels, San Antonio, and H-E-B (just 8 miles away) offer even more convenience. Hill Country charm meets accessibility—act fast, properties like this don’t last!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017