5670 WEGNER 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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Price Decreased |
$499,990
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Oct 25, 2025 | Listed by Keller Williams Heritage | $550,000 | |
| Listed by Keller Williams Heritage | |||
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Every once in a while, a property comes along that offers the perfect blend of charm, privacy, and Hill Country living. The front of this country home was once part of a 1890s Methodist parsonage in New Braunfels, believed to have been constructed with hand-forged square nails and later relocated to this peaceful setting. Resting on 7 private, wooded acres with abundant wildlife, the home has since been thoughtfully expanded into a 4-bedroom, 3-bath residence with 2,931 sq. ft. of comfortable living space. Inside, you'll find inviting touches throughout-shiplap accents, wood floors, beadboard, high ceilings, sunlit French doors, and a warm country kitchen. Recent updates include new carpet in the upstairs bedrooms and a hand-built shed for added storage and functionality. Enjoy low utilities thanks to well water, plus a 500-gallon cistern for extra supply. Outdoors, a spacious deck overlooks towering oaks and a fenced yard, while the barn/workshop offers even more room to create, store, or work. An additional electric pole and cleared area provide a ready-made spot for your dream shop or future expansion. Exterior siding is Hardy plank for durability and peace of mind. This is a rare opportunity-a well-maintained country home with history woven into its frame, surrounded by nature, privacy, and room to grow. Here, you can start the next chapter of your story in a place that truly feels like home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017