415 Mountain Spring Drive
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | Listed by Hill Country Flat Fee Realty | $747,000 | |
| Listed by Hill Country Flat Fee Realty | |||
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Here it is! What so many people in Boerne are looking for in this 2,753 SF home located on 3.88 private, secluded acres, yet within just a few minutes to downtown, historic Boerne, schools, shopping and dining! Offering stunning limestone exterior, excellent curb appeal, a standing seam metal roof, a variety of mature hardwood trees, a huge backyard spacious enough for all sorts of activities, a freshly stained oversized deck that is perfect for outdoor dining or just taking in the sights and sounds of the native wildlife, this home exudes "forever home." As you enter the front door, you are greeted with a large open family room with a ceiling that stretches all the way to the top of the second story (approximately 30' tall), creating a very spacious environment. The massive rock fireplace is the center piece of the family room, while the Saltillo tile offers the character and charm of the Texas Hill Country! The kitchen overlooks the gorgeous backyard and offers granite countertops, a gorgeous copper farmhouse sink, stainless appliances and beautiful wooden exposed beams, while the nearby breakfast nook is the perfect place for your dining gatherings. There is a work station space between the kitchen and laundry room, ideal for an office or flex space. There are two main floor bedrooms with the guest bathroom located in between, while oversized primary suite, located on the second story offers tall vaulted ceiling, a wood burning stove ideal for cool winter nights, a new double vanity, shower and separate jetted tub. The private balcony off the master primary suite overlooks the backyard and is perfect for your evening wine or morning coffee. The detached 2 car garage is also sided with limestone and has a small workshop included. The circular driveway is ideal for extensive parking and gatherings, while the other driveway extends to the garage. The yard is fenced, yet the property extends beyond the fencing to the south. Located at the end of a very private/quiet street, this property will grab your attention as you pull up to it with the curb appeal, the variety of trees, plants, wildlife and charm. Sit on the front porch swing and watch the deer graze while the charm of the Texas Hill Country surrounds you. Serviced by a private water well and septic tank, you can kiss those monthly utilities goodbye! Forever home properties like this one just don't come onto the market very often, so do NOT wait to come see it!
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| Aug 12, 2010 | Sold | ||
| Sold | |||
| Aug 21, 2009 | Listed by Kuper Sotheby's Int'l Realty | $349,900 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017