1009 Alden DR
About This Property
The converted garage, with its own separate entrance and full bath, provides a versatile space perfect for guests, a home office, or an additional living area.
Convenience is key, and this home delivers. With the inclusion of a washer/dryer and refrigerator, the move-in process is made seamless. Proximity to numerous restaurants, stores, The Domain, Austin FC Stadium, and the commuter rail ensures that you're never far from the best that Austin has to offer.*100% Financing with preferred lender, Cadence Bank (ask for more details)*
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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 |
|---|---|---|---|
| May 30, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 29, 2024 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 15, 2024 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 21, 2024 | Relisted | $435,000 | |
| Relisted | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
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About North Austin
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Listed Office: Jason Mitchell Real Estate - Listing courtesy of Unlock MLS
Phone: (210) 379-9207
Last Updated: 2024-05-30 18:31:13
Data Source: Unlock MLS, MLS# ACT5440473
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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