963 Summit Ridge Trail DR
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 |
|---|---|---|---|
| Aug 7, 2026 | Listed by Land & Legacy Realty LLC | $295,000 | |
| Listed by Land & Legacy Realty LLC | |||
| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
| May 21, 2022 | Listed by Topper Real Estate | $621,500 | |
| Listed by Topper Real Estate | |||
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This 9.02 acre lot has panoramic hill country views, dark night skies, and several very good level building sites. The Summit at Cypress Mill is gated and offers privacy, ribbon-curbed streets, underground electric service, and a wildlife exemption (for Blackbuck Antelope) to keep your property taxes reasonable! Minutes to Johnson City, Marble Falls, the Highland Lakes, and "the winery trail". Approx. one hour to Austin or San Antonio yet a world away in peace and beauty. Come see this beautiful parcel of Texas Hill Country beauty for your next home! Please click the VIDEO LINK tab to see the real panoramic view.
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| Oct 13, 2021 | No longer available | - | |
| No longer available | |||
| Sep 13, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017