951 Toro Pass Drive
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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 27, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Keller Williams Realty | $2,795,000 | |
| Listed by Keller Williams Realty | |||
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WOW!! Come see this elegant WATERFRONT estate in Wimberley, TX. This beautiful Modern Farmhouse was a 2019 Max Award Finalist! Its unique design, exceptional details, and custom craftsmanship welcome you to this serene home. This estate consists of a main house of approximately 3055 sq ft and a guest house of approximately 1439 sq ft, all on 8.45 lakefront acres on Mustang Valley Lake. Some of the highlights found in the main house include custom light fixtures, exposed beams, handmade tiles from Tabarka Studios, and a gorgeous kitchen island with a cherry wood top. The stunning screen porch will make dining al fresco a nightly pleasure! The guest house continues with the same fine materials – wood-grain tile floors, granite and quartz counters, and expansive windows. The balcony deck is a great place to enjoy the impressive lake views, birdwatch, and relax! (See attached extensive feature list for more details on materials and construction) Roam around the acres, take in the serenity of nature, harvest veggies from your organic garden, and then grab a picnic down at your own gazebo lake-side! While down at the lake, throw in a line and catch a trophy bass! Enjoy Mustang Valley amenities that include a tennis court, playscape, pavilion, and walking / biking paths. Excellent opportunity for this property to become an equestrian estate with plenty of room for a barn. AG EXEMPTION in place!
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| Dec 4, 2023 | No longer available | - | |
| No longer available | |||
| Nov 3, 2023 | Relisted | $2,800,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017