4364 Hye-Albert Road
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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by Topper Real Estate | $699,000 | |
| Listed by Topper Real Estate | |||
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Nestled along the prestigious Hill Country Wine Trail, this charming property in Stonewall, TX, offers the ultimate retreat for those seeking tranquility amidst natural beauty. Situated on 8 acres of picturesque land, the property features a recently constructed 1 bedroom, 1 bathroom home, surrounded by majestic oak trees and lush bottom land providing abundant shade and serenity. Agricultural exemption and a phenomenal water well, 907 feet deep and producing an impressive 45 gallons per minute, add to the property's allure, ensuring ample water supply for various needs. Fully fenced and cross-fenced, with an RV Hookup and approximately 610 feet of frontage on Hye-Albert Road, the property offers both privacy and convenience. Experience the freedom of minimal restrictions, with limitations only on pig farms or manufactured homes, allowing you to personalize and enjoy your property to the fullest. Conveniently located on the Blanco County and Gillespie County line, the property is within walking distance to the Narrow Path Winery and offers easy access to nearby towns and cities. Just 25 minutes from downtown Fredericksburg, 19 minutes from downtown Johnson City, an hour and 15 minutes from both Austin and San Antonio, this idyllic retreat offers unparalleled convenience without sacrificing the tranquility of Hill Country living. Don't miss out on this rare opportunity to own your slice of Hill Country paradise. Contact us today to schedule a private tour and experience the serenity and beauty of this remarkable property in Stonewall, TX.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017