$325,000
●
Multifamily -
Off Market
102 Hillside DR
Elgin, TX 78621
Studio
0 Bath
1,691 Ft²
$1,864
Est. Monthly
4.27%
Cap Rate
About This Property
Super Cozy duplex ~ Both sides occupied by owner ~ Well taken care
of ~ Very Clean ~ Live on one side and rent the other side! ~ Elgin
is Booming with Development! ~ Each unit has private yards ~ Very
Quiet Street
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$192
Property Type
Multifamily
Property Taxes
$268
HOA Dues
-
Year Built
1986
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Cap Rate Calculator
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT3004658)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Feb 24, 2024 | Listed by Keller Williams Realty | $325,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 3
Parking Features: Outside
Interior Details
Interior Features: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Interior Steps, Pantry
Appliances: Dishwasher, Disposal, Electric Range, Range, Refrigerator, Electric Water Heater
Flooring Type: Vinyl
Cooling: Central Air
Heating: Central
Living Area: 1691
Exterior Details
Property Type: Residential Income
Property Sub Type: Duplex
Green Energy Efficient
Property Condition: Resale, Good
Year Built: 1986
Year Built Source: Public Records
View Desription: None
Fencing: Fenced, Wood
Levels: Two
Construction Materials: Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition
Exterior Features: None
Pool Features: None
Lot Features: Interior Lot, Level, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Public
Financial Details
Tax Year: 2022
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Available, Water Available
Location Details
Directions: From 290, take
Community Features: None
Other Details
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/24/2024
| |
Studio
|
-
|
1691 ft²
|
$325,000
Studio
-
1691 ft²
|
$325,000
02/24/2024
|
Maria Vargas
Keller Williams NW Austin Mark
|
Building Info
About Elgin
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Listed by: Maria Vargas
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2024-04-30 18:13:51
Data Source: Unlock MLS, MLS# ACT3004658
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2024-04-30 18:13:51
Data Source: Unlock MLS, MLS# ACT3004658
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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