8040 COLONIAL WOODS
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 1, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$215,000
↓ $20K
(8.5%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$235,000
↓ $15K
(6%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by Real Broker, LLC | $250,000 | |
| Listed by Real Broker, LLC | |||
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LAST LOT IN VILLAGE GREEN! Discover the perfect spot to build your custom dream home on this 0.62-acre wooded lot in the desirable Village Green subdivision. This homesite is ideally located just south of the Fair Oaks Ranch city limits and lies within the highly acclaimed Boerne ISD, including Van Raub Elementary and Boerne Champion High School. Surrounded by mature oaks and gently sloping terrain, the property offers a serene and private setting. A new road has opened to make it even easier to access the lot! Enjoy the convenience of being just 2.5 miles from Fair Oaks Golf & Country Club. Village Green is a gated community with exceptional amenities, including a sparkling community pool, poolside bathroom facilities, and scenic jogging trails. Located just off the IH-10 corridor, you'll have easy access to upscale shopping and dining at La Cantera and The Rim. No city taxes! Boerne ISD. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017