8535 Cover Rd
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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%.
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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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| Dec 28, 2020 | Listed by Phyllis Browning Company | $325,000 | |
| Listed by Phyllis Browning Company | |||
| May 20, 2016 | Sold | ||
| Sold | |||
| Nov 18, 2015 | Listed by LoneStar Properties | $359,000 | |
| Listed by LoneStar Properties | |||
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Located at the end of Cover Road off New Sulphur Springs Road. Property prime for future development or future subdivision. Heavily wooded with a couple of good pastures. Additional access from Knowlton Road. 1-D-1 Agricultural Valuation. Great views of Calaveras Lake.
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Property Highlights
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About East Central San Antonio
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$1,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017