4879 Geren Trail
About This Property
Resort-style outdoor living includes a pool with waterfall, diving board, spa, expansive covered pavilion with bar, grilling station, fireplace, beverage fridge, multiple patios, fire pit, mature trees, fenced horse area, and peaceful private pond. Beyond the main living areas, the property offers fenced horse-ready acreage, a private pond, mature trees, open green space, and the privacy of a true Texas retreat while remaining conveniently close to shopping, dining, and major commuting routes. A rare blend of luxury, privacy, flexibility, and Texas lifestyle living.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Price Decreased |
$2,750,000
↓ $175K
(6%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$2,925,000
↓ $5K
(0.2%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$2,930,000
↓ $5K
(0.2%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$2,935,000
↓ $5K
(0.2%) | |
| Price Decreased | |||
| Jul 3, 2026 | Price Decreased |
$2,940,000
↓ $5K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017