4862 CASTLE LANCE DR
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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%.
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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 |
|---|---|---|---|
| Jun 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 25, 2024 | Listed by San Antonio Elite Realty | $250,000 | |
| Listed by San Antonio Elite Realty | |||
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HOME HAS HAD EXTENSIVE REMODELING INCLUDING ADDING A 4TH BEDROOM AND 2ND BATH IN THE CONVERTED GARAGE. ALMOST EVERYTHING HAS BEEN REDONE. ALL FLOORING REPLACED WITH BEAUTIFUL LAMINATE FLOORS IN ALL LIVING AREAS AND CARPET IN THE BEDROOMS. ENTRY FOYER FEATURES A BUILT-IN WRAP-AROUND BOOKSHELF THAT IS GREAT FOR DISPLAYING ALL YOU PRECIOUS MOMENTOS. VERY OPEN FLOOR PLAN WITH HUGE LIVING/DINING/BREAKFAST AREA. KITCHEN COMPLETELY REMODELED INCLUDING TOP OF THE LINE STAINLESS STEEL APPLIANCES INCLUDING DISHWASHER, GAS STOVE/RANGE, MICROWAVE AND STAINLESS-STEEL SINK. PRIMARY BATH FEATURES A HUGE WALK-IN SHOWER. HALLWAY BATH HAS BEEN UPDATED AND FEATURES VERY NICE TUB/SHOWER COMBINATION, NEW VANITY AND UPDATED LIGHTING. OUTSIDE IS JUST AS NICE WITH A HUGE COVERED PATIO MADE FOR THOSE BARBEQUES OR JUST RELAXING AT THE END OF THE DAY, BIG TREES, A DEDICATED COVERED BARBEQUE PIT AREA WITH A STOVE SINK COMBOAND CABINETS PLUS A LARGE WORKSHOP WITH ROLL UP DOOR. ALL THIS AND MINUTES TO BAMC AND FORT SAM, CLOSE TO RANDOLPH, 5 MINUTES TO 1-35 AND 410 AND 20 MINUTES TO DOWNTOWN.
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| Apr 27, 2022 | Sold | ||
| Sold | |||
| Mar 8, 2022 | Listed by Morris Realty | $165,000 | |
| Listed by Morris Realty | |||
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Beautiful 3 bedroom home with easy access to I-35, Loop 410, and Randolph AFB. 1 car garage has central A/C. Home is currently leased at $1,060/month with a lease expiration of June 30, 2022. Great investment potential with immediate cash flow...Could also serve as a homestead with the tenant moving out this summer.
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| Jul 16, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017