397 COVENEY TRAIL
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2024 | Listed by Keller Williams Boerne | $985,000 | |
| Listed by Keller Williams Boerne | |||
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Welcome to your dream Horse Property oasis in the desirable Coveney Ranch, nestled on 4.34 picturesque acres! This exquisite one-story home boasts 3,424 sq. ft. of spacious living, featuring 4 bedrooms and 3.5 baths. As you enter, you'll be greeted by two inviting living areas, perfect for entertaining or relaxing. The versatile game room provides additional space for family fun, while the dedicated office is ideal for those working from home. The primary suite is a true retreat, with a private door leading to the outdoor paradise. Step outside to enjoy the sparkling pool surrounded by lush landscaping, perfect for summer gatherings or peaceful evenings. Equestrian enthusiasts will appreciate the thoughtfully designed cross fencing, 3 stalls, tack room, and separate feed room. 2 separate storage rooms (one for tack and one for feed/hay storage), making it easy to care for your horses right at home. Located in the charming town of Boerne, this property provides a perfect blend of country living with convenient access to local amenities, schools, and parks. Don't miss out on this incredible opportunity to own a slice of Texas paradise!
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| Apr 24, 2021 | No longer available | - | |
| No longer available | |||
| Apr 19, 2021 | Listed | $799,900 | |
| Listed | |||
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Impressive one-story ranch style home with 4 bed/3.5 bath/2 car attached garage, +/-3425 sqft in Gated Coveney Ranch. Open floor plan with new paint on walls, doors & baseboards. Features two living areas w/ two fireplaces, separate dining room, study/office space and high ceilings. Kitchen features custom light fixtures, breakfast bar and walk-in pantry. Master bedroom w/outside access, ceiling fan & walk-in closet. Master bath w/granite countertops, custom tile shower, vanity & whirlpool tub. Backyard features a patio that overlooks a resort style pool with a waterfall, outdoor fireplace, a large horse barn w/ 3 stalls, tack room with a sink & A/C unit, and a large feed room, pipe top rail fencing, 3 turnouts, and an extended arena. BRAND NEW roof on the house, barn, and well house. Exemplary Boerne ISD. WELCOME HOME! The manager has listed the unit size as 3425 square feet.
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| Jul 25, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017