683 CHERRY RIDGE
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 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2024 | Listed by Kuper Sotheby's Int'l Realty | $190,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| May 2, 2024 | Listed by Kuper Sotheby's Int'l Realty | $190,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Nestled in the charming town of Floresville, Texas, this 5.18-acre property offers a serene haven for those seeking the tranquility of country living. The land is adorned with mature trees, providing a picturesque backdrop and a sense of natural beauty. With utilities already in place, including water and electricity, convenience meets potential on this expansive parcel. The property features a manufactured home, presenting an excellent opportunity for customization and personalization. While the home requires some tender loving care, it serves as a blank canvas for renovation or replacement, allowing you to bring your dream home to life. Whether you envision a cozy retreat or a grand estate, the possibilities are endless on this spacious property. Beyond its physical attributes, the allure of this property lies in its location. Tucked away from the noise and commotion of urban life, yet conveniently accessible to essential amenities and nearby attractions, it offers the perfect blend of seclusion and convenience. Imagine waking up to the gentle rustle of leaves and the sweet scent of nature, with the freedom to design your ideal living space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017