109 Sulphur River LOOP
About This Property
This home comes with a brand-new water heater, brand-new carpet throughout, and fresh paint. Outside, enjoy a spacious deck, perfect for relaxing or entertaining, as well as a large, fully fenced back yard. Fully paid off solar panels provide a low-cost, modern-day efficiency.
The central location of this home provides quick access to Austin, Round Rock and surrounding areas. It is close to shopping, restaurants, and local attractions. Access to two neighborhood pools is also included for enjoyment during the summer.
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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 |
|---|---|---|---|
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Price Decreased |
$375,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jul 1, 2024 | Price Decreased |
$379,500
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Jun 25, 2024 | Relisted | $385,000 | |
| Relisted | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017