519 (LOT 404) SHORTCUT PASS
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%.
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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 |
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| Dec 6, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Apr 25, 2024 | Listed by Keller Williams Legacy | $699,000 | |
| Listed by Keller Williams Legacy | |||
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Nestled within the picturesque landscape of Mountain Springs Ranch in Canyon Lake, TX, this luxurious one-story residence sprawls over 2.1 acres, blending modern living with the serene beauty of the Hill Country. You will be immediately captivated by the stunning curb appeal this home has to offer, boasting mature trees and beautiful landscaping. As you step through the inviting double doors, you're welcomed into an open floor plan flooded with natural light and adorned with high ceilings and exquisite crown molding. 3 bedrooms, 4th bedroom can be utilized as office space. Wood and ceramic tile flooring guide you through the expansive living spaces, where shutter blinds frame the windows. The heart of the home is the spacious kitchen, featuring an oversized island with stone accents, a Viking cooktop, and double ovens, seamlessly blending modern functionality with Hill Country charm. Adjacent, the living room boasts a cozy stone fireplace and 4-panel sliding patio doors, creating a seamless indoor-outdoor living experience. Retreat to the primary suite, a haven of tranquility with a tray ceiling and a wall of windows offering sweeping Hill Country views. The ensuite bathroom is a sanctuary of modern luxury, featuring double vanities, a sleek walk-in shower, and a separate garden tub, all adorned with gorgeous tiling. Entertain effortlessly in the sprawling backyard oasis, complete with an oversized covered patio overlooking miles of scenic beauty. This home boasts an owned water softener and reverse osmosis system. Residents of Mountain Springs Ranch enjoy exclusive access to community amenities, including a pool and hiking trails, while being zoned into the prestigious Comal ISD schools. Experience the epitome of Hill Country living!
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| Sep 8, 2021 | No longer available | - | |
| No longer available | |||
| Jun 16, 2021 | Listed by Keller Williams Legacy | $615,000 | |
| Listed by Keller Williams Legacy | |||
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SPECTACULAR VIEWS from this Brand New, Custom 1 Story 3 Car Garage Stone & Stone Home on Beautiful 2.1 PRIVATE lot in Mountain Springs Ranch! Gourmet kitchen boasts granite counters, custom cabinets, & built in stainless appliances opens to family room w/ rock on breakfast bar and Fireplace. 4th Bedroom/Study complete with French Doors and Walk-In Closet. All Bedrooms Offer En Suite Full Bathrooms with Granite Vanities! Luxurious Owner's Retreat Features Bay Windows, Custom Tray Ceiling, Walk-in Closet, Tiled Oversized Shower, Granite Double Vanities, & Garden Tub. All Bathrooms boast granite counters. Gorgeous Soaring Ceilings and Abundant Windows Offering Natural Lights and Views for Miles. Prime location near Austin or San Antonio for easy commuting. Easy access to Canyon Lake! Fantastic community amenities with hiking trails & swimming pool. Acclaimed Comal ISD. Welcome home! The manager has listed the unit size as 2644 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017