566 Rocky Rd
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 |
|---|---|---|---|
| Dec 26, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 25, 2025 | Listed by Fore Premier Properties | $499,900 | |
| Listed by Fore Premier Properties | |||
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Tucked just off Highway 290 in Hye, this 10 acre unrestricted Hill Country tract puts you right in the middle of the 290 Wine Trail with the freedom to create almost anything you can imagine. Located roughly a quarter mile from 290, it offers easy access for guests and customers while still feeling quiet, private, and rural. The land features a mix of open pasture and clusters of mature trees with mostly level to gently rolling terrain, giving you multiple build sites for a custom home, vineyard, winery or tasting room, event venue, or vacation rental compound. With utilities on site, including PEC electric, a private water well reportedly producing around 30 gallons per minute (per seller, buyers to verify), and a septic system, plus two tiny homes, a barn/storage building, gravel drive, and parking area, you can start using the property immediately while you design your long term vision. Fully fenced and cross fenced, it is also well suited for livestock or maintaining an ag exemption. Surrounded by popular Texas Hill Country wineries and situated between Johnson City and Fredericksburg, this Hye, TX land for sale is a prime wine country investment with rare flexibility and strong long term potential. Property sold as is.
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| Apr 16, 2021 | Sold | ||
| Sold | |||
| Jan 19, 2021 | Listed by Topper Real Estate | $485,000 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017