646 Geronimo Creek 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 |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by JB Goodwin, REALTORS | $650,000 | |
| Listed by JB Goodwin, REALTORS | |||
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*Open House Sunday 3/10 1-3pm* This property is one of a kind! Welcome to Hill Country living at its finest. This beautiful custom 2503sqft home, built in 2018, is situated on 6.35 acres in Bandera County. You will undoubtedly be conflicted on whether to spend your time inside this immaculately rustic home or outside enjoying views of rolling hills and serene quietness. Inside the home, you'll find rustic features and accents throughout from shiplap walls and ceilings, Edison-style lights, Louisiana pale pendants, and barn door entries. The kitchen has gas cooking and brand new granite countertops with soft close cabinetry including a 9-foot island with pop-up wireless chargers built in. Luxury vinyl tile floors are throughout the entire home for easy care and durability. 3 large bedrooms offer plenty of space and functionality. You will fall in love with the 476sqft screened in Florida room, the 349sqft wood deck, and the 29x20 workshop! There are additional level spots for future building needs. NO HOA!
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| Feb 28, 2017 | Sold | ||
| Sold | |||
| Jan 25, 2017 | Listed by RE/MAX Integrity | $117,000 | |
| Listed by RE/MAX Integrity | |||
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This is an incredible 6.35 acre home site. Concrete slab, plumbing, well, and electric service already in place. Plans for a 3K+ sq ft one-story home 4 bedroom 3 full bath overlooking the canyon have been purchased. Modifications can be made to the plans. NISD Schools. Complete privacy, animals allowed. Several flat areas to accommodate a work shop and/or inground pool/spa. Call agent for all questions.
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| Dec 5, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017