33
Map
10600 Turner 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 |
|---|---|---|---|
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | No longer available | - | |
| No longer available | |||
| Dec 5, 2024 | Listed by Kuper Sotheby's Int'l Realty | $450,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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This is a home on a HUGE lot in a desirable area experiencing & amazing amount of development & growth. Featuring stone facade & native landscaping, you are welcomed into the front entry that features attractive wood-like tile flooring, designer arches & an open floor plan. The large family room features a stand-alone wood burning fireplace for ambience and atmosphere. Originally a Builder's personal home, this plan has 4 bedrooms downstairs w/ a set of 2 bedrooms on either side of the home for great privacy & space. The left side of the home is being used as the primary wing & the front bedroom could be an office, den, exercise room or nursery. In addition to the family room, there is a large game room at the rear of the home that features a wet bar & is a perfect space for play or relaxation. The kitchen is well-appointed w/ granite counters & good cabinet space + it's open to the dining room and has good flow to both living rooms. Upstairs, is a large retreat that could be another bedroom or bonus room with a huge closet. There is a nice, covered patio that overlooks the backyard & feels private given the large lot. At +/-0.45 acres, there is so much potential w/ this property! Create your dream outdoor space w/ a pool, sport court or potentially add other structures & truly take advantage of this uniquely large parcel. WITH THE RECENTLY PASSED HOME INITIATIVE, THE CITY OF AUSTIN IS ALLOWING MORE DENSITY & THAT MEANS THIS PROPERTY COULD YIELD UP TO 3 SEPARATE UNITS, MAKING THIS LAND VALUABLE FROM A DEVELOPMENT & INVESTMENT PERSPECTIVE AS WELL AS OFFERING A SUPERB HOME. Energy efficient features including a solar array that saves you money & several updated windows. Conveniently located near major thoroughfares, the Domain, Q2 Stadium, amazing restaurants, tons of shopping. Walk to the newly opened Braker location of the Austin Pickle Ranch, grab some Dim Sum or jalapeno ranch & a margarita at Chuy's, the options are endless in this growing corridor of Austin!
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| Nov 27, 2024 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Sep 13, 2024 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017