7204 FAIR OAKS PKWY
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 |
|---|---|---|---|
| Mar 31, 2023 | No longer available | - | |
| No longer available | |||
| Feb 19, 2023 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jan 14, 2023 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 17, 2022 | Listed by EXP Realty, LLC | $425,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
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LOWEST Priced home in Fair Oaks Ranch!!! ROOF WILL BE REPLACED SOON. Opportunity to live in this wonderful community and attend the highly acclaimed Boerne ISD schools. This a DUPLEX. This is only one side available for sale. Easy access to Ralph Fair Road and Fair Oaks Elementary School. 3 bed 2 bath large utility room. Kitchen is adjacent to dining area with a built in bar. Game room upstairs with loft area and lots of bookshelves. Master suite boasts an office area and a private bath along with a large storage room. Family Room has high ceilings and a stone fireplace. Private fenced 1/3 acre backyard with patio and a hot tub. Garage is attached. Short golf cart ride to the country club where you can enjoy 2 pools, 2 18 hole golf courses, tennis courts, pickle ball, volleyball, fitness center as well as indoor and outdoor dining with live music at the pavilion some weekends. Its a lifestyle! The manager has listed the unit size as 2490 square feet.
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| Apr 23, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017