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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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $160,000 | |
| Listed | |||
| | |||
|
Charmingly remodeled home on two acres where peace and quiet abound. Remodeling included bottom cabinets in kitchen, GE appliances, parquet and tile floors, everything replaced in master bath including jetted tub, all but tub replaced in 2nd bath, and new faucets. Large and open living with adjoining open Relax on the covered back deck, concrete slab at end of house, nice mature trees. Hill Country views, very peaceful surroundings even though still in town. This type of property is hard to find. Would make a great weekend home or grand rental property! The manager has listed the unit size as 1232 square feet.
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| Nov 14, 2014 | Sold | ||
| Sold | |||
| Sep 15, 2014 | Listed by RE/MAX of Marble Falls | $142,000 | |
| Listed by RE/MAX of Marble Falls | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017