1100 Castile RD
About This Property
The heart of the home is its massive kitchen island ideally centered in the open concept floorplan. A culinary enthusiast's dream, this kitchen is complemented by high-end appliances, elegant finishes, and a built in wine fridge. A two-way fireplace creates a warm and inviting ambiance that seamlessly connects the living area and the versatile bonus sitting room or dining area.
The spacious and luxurious primary bedroom is conveniently located on the main level adjoined by an opulent primary bath featuring walk through shower and soaking tub. Upstairs you'll find 2 additional bedrooms and a bonus media or flex space. Step outside to your extended covered porch provides an idyllic setting for outdoor gatherings and tranquil moments. The crowning jewel of this property is the cowboy pool, seamlessly integrated into the backyard, offering a refreshing oasis in the Texas sun.
This remarkable residence combines modern luxury with the serenity of a highly sought-after neighborhood and school district, as well as access to the neighborhood boat ramp and swimming hole. Memberships are available for additional benefits including pool, clubhouse and special boat ramp privileges. With its incredible features and prime location, this is an exceptional opportunity to live in the lap of luxury within the desirable Cuernavaca community.
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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 |
|---|---|---|---|
| Oct 20, 2023 | Listed by Compass RE Texas, LLC | $1,399,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017