106 Nelray BLVD #A
About This Property
The manager has listed the unit size as 2435 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 16, 2024 | No longer available | - | |
| No longer available | |||
| Jan 2, 2024 | Listed | $1,160,000 | |
| Listed | |||
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This a wonderful opportunity to own a home in the highly desired Hyde park/highland terrace neighborhood. With all sorts of Austin's favorite bars and restaurants within 2 minutes walk from you. Enjoy restaurants and bars like Home Slice, Foreign & Domestic, Drink Well, Kome, Lazarus Brewing, and Epoch Coffee just steps away. Discover this designer grade customarily renovated home located in the highly coveted Hyde Park/Highland Terrace neighborhood. This property showcases a fully freshly remodeled home boasting an approximated 2500 square feet of living space, meticulously designed with a contemporary yet timeless open floor plan. With 5 bedrooms, an office, and each bedroom featuring its own en-suite bathroom, this residence offers ample space for both relaxation and productivity. The harmonious blend of designer-grade kitchen and bathroom finishes, coupled with custom-built cabinetry, exudes a sense of refined elegance. Step inside and experience captivating light fixtures and an extended kitchen island. Perfect for hosting and entertaining, the dining room, thoughtfully situated near a large sliding door that opens to the beautiful backyard, creates a seamless indoor-outdoor living experience. Enjoy the convenience of abundant parking spaces, in addition to a private two-car garage, providing peace of mind and practicality for your lifestyle needs. Situated in a prime location, this esteemed neighborhood offers access to award winning schools, and unparalleled accessibility, with downtown Austin just a brief 10-minute drive away and a few hospitals nearby. Additionally, a delightful collection of bakeries and restaurants awaits within walking distance, ensuring an array of culinary delights at your fingertips.
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| Oct 29, 2023 | Price Decreased |
$1,175,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| Oct 23, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/27/2023
| |
5 Bed
|
6.5 Bath
|
3307 ft²
|
$1,749,900
5 Bed
6.5 Bath
3307 ft²
|
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-
|
Michael Seid
Keller Williams - Austin SW
|
|
09/17/2023
|
5 Bed
|
4.5 Bath
|
2435 ft²
|
$1,200,000
5 Bed
4.5 Bath
2435 ft²
|
-
-
|
Michael Seid
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017