821 WEIL 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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed by LPT Realty, LLC | $675,000 | |
| Listed by LPT Realty, LLC | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Aug 4, 2023 | Listed by San Antonio Legacy Group, LLC dba Keller Williams Legacy Group | $750,000 | |
| Listed by San Antonio Legacy Group, LLC dba Keller Williams Legacy Group | |||
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Come home to the country life without the country drive! This home has 3 beds and 3 baths with primary bedroom down and has an overwhelming amount of potential. This property is all about the LAND! Grab this 7.26 leveled Acreage of property to build onto for your family member to be close or for your next development investment! Zoned as ETJ with no HOA and NO RESTRICTIONS. If your looking to develop then this property is a rare opportunity to develop unrestricted land just outside of Cibolo City limits. There are endless possibilities including a Residential Development; Mixed-Use Development, Apartment Complex; Multi Family Neighborhood, Storage Buildings, RV Park etc. This is an extremely rare opportunity to spearhead the future direction of growth in this booming area. It's located right off of FM 1103 and zoned for the highly desired school district of Schertz-Cibolo-Universal City ISD where school buses already pick-up! Address states Marion but property is outside of Marion city limits and planned to be annexed as part of Cibolo. Will need to be platted. Property with yellow border adjoins this property and is also listed as a separate sale with same agent. The manager has listed the unit size as 1732 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017