18
Map
505 Red Rose St
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 13, 2026 | Listed by Monica & Company Real Estate | $209,000 | |
| Listed by Monica & Company Real Estate | |||
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Coveted 5-acre residential homesite in the prestigious Mystic Shores community, ideally nestled between the scenic Guadalupe River and the north shoreline of Canyon Lake. This lakefront community offers the perfect blend of Hill Country serenity and resort-style amenities. The property features a level building site dotted with mature trees, providing an ideal canvas for your custom home while offering natural beauty and privacy. With ample space to design your dream residence, outdoor living areas, workshop, or additional improvements, this acreage provides both flexibility and tranquility. Residents of Mystic Shores enjoy outstanding amenities including a private boat ramp, two swimming pools, tennis and basketball courts, sand volleyball courts, playgrounds for family fun, scenic walking trails, and picnic areas complete with BBQ pits. Whether you’re seeking weekend lake adventures or peaceful evenings under the stars, this community delivers the ultimate Texas Hill Country lifestyle. Build your dream home and enjoy the best of lake living and wide-open space in one of Canyon Lake’s most sought-after acreage communities.
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| Jul 8, 2026 | Price Decreased |
$209,000
↓ $20K
(8.7%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$229,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by McNabb & Co Real Estate Services | $249,000 | |
| Listed by McNabb & Co Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017