537 Appaloosa Run
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by Topper Real Estate | $789,000 | |
| Listed by Topper Real Estate | |||
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Discover this hidden gem nestled within the highly coveted Crystal Mountain Development a picturesque 6.3-acre property boasting a charming home, shop, and swimming pool. Step into a spacious 3-bedroom, 2-bathroom home featuring office space, with the master bedroom offering a generous walk-in closet and bathroom. Convenience is key with a utility room and attached carport with storage. Outside, unwind in the well-placed swimming pool complemented by a covered back porch, perfect for entertaining guests. Additionally, a shop with overhang provides ample space for projects and storage. Conveniently situated between Marble Falls and Johnson City, just off HWY 281, this property offers easy access to Marble Falls in 10 minutes, Austin in 30 minutes, and San Antonio in just over an hour. Enjoy the convenience of nearby shopping, wineries, and local amenities while relishing the stunning views and fenced surroundings adorned with majestic live oak trees. Experience the allure of this property located in one of the fastest-growing areas in the USA, a rare opportunity to embrace the best of Hill Country living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017