400 Quick Draw
About This Property
The manager has listed the unit size as 2728 square feet.
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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 |
|---|---|---|---|
| Feb 16, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2023 | Listed | $595,000 | |
| Listed | |||
| | |||
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MOTIVATED SELLER - ALL REASONABLE OFFERS CONSIDERED! Updated to today’s style - minutes from Horseshoe Bay Resort's private jet center, enjoy million-dollar views of Slick Rock Creek where the back of the property is bounded by Horseshoe Bay POA-owned land, ensuring your privacy – see associated docs for map. Nestled among the iconic Texas hills, enjoy romantic outdoor living on your expansive double lot. Dynamic trayed ceilings and large windows frame idyllic wildlife views from the open living/dining/kitchen area. The kitchen features new stainless appliances, quartz counters, updated fixtures, and a pull-up bar. The great room's fireplace and custom mantel make winter nights cozy, and the deck extends your living space. A convenient powder room is steps away. The owner's suite provides a large walk-in closet and an en-suite lavatory with an elegant shower/tub. On the opposite side of the house, guest accommodations are comfortable with two additional bedrooms and a large, shared Jack & Jill bath (one side offers a hidden laundry shoot). Downstairs, the family room and laundry could serve other purposes – sleeping quarters, office, or studio. Also on the lower level beside the garage, an ample, finished storage space accesses the crawl space. A third lot is also available. Sprawling outdoor entertainment spaces are perfect for relaxing with a fenced yard, picturesque gazebo, and picnic/barbeque area. After a stressful day on the lake or links, relax in your personal Hill Country paradise.
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| Nov 12, 2023 | Price Decreased |
$595,000
↓ $80K
(11.9%) | |
| Price Decreased | |||
| Jun 7, 2023 | Relisted | $675,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017