LOT 61 SADDLEBACK RIDGE TRAIL
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 |
|---|---|---|---|
| May 26, 2017 | Sold | ||
| Sold | |||
| Feb 24, 2017 | Listed by RE/MAX Associates Boerne | $87,500 | |
| Listed by RE/MAX Associates Boerne | |||
| Feb 14, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2016 | Listed by JVL Real Estate | $128,480 | |
| Listed by JVL Real Estate | |||
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Hills of Bandera Ranch offers premier home-sites with magnificent views, mature hardwood trees, expansive fields and direct access to the State Natural Area for camping, hiking and horseback riding. This beautiful tract offers a spring-fed creek and giant oak trees. Nestle your custom home against the backdrop of large cliff or hillside and enjoy the Hill Country lifestyle only offered at this beautiful development. We are offering various tracts from 5 Acres up to 18 Acres or larger combinations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017