Welcome to 105 Greenspire Downs Dr, a 2022 Meritage home on a
cul-de-sac in Hutto with 4 bedrooms, 2.5 baths, 2,977 sq. ft., and
the primary suite on the main level! Enter through an impressive
foyer to a flexible floor plan with a private study, vaulted
ceilings, and open living and dining spaces. The kitchen features a
large island, quartz countertops, stone-colored cabinetry, and a
gas range. ENERGY STAR windows, HVAC, and appliances help keep
utility costs down. Enjoy the covered patio, fenced backyard, and
automatic sprinklers, plus neighborhood amenities including a park,
dog park, and green space, just minutes from the Hutto Co-Op
District. Ask about lender down payment assistance programs!
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.
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