1125 Waterfall Ave
About This Property
Outdoor enthusiasts will appreciate the abundance of nearby parks, walking trails, and recreational facilities. Devine Lake Park is just a short drive away, offering serene walking paths, picnic areas, and a tranquil lake perfect for outdoor relaxation and play.
For shopping and dining, the area boasts proximity to the 1890 Ranch Shopping Center and the Gateway Shopping Center, where you can explore a variety of stores, restaurants, and entertainment options. Additionally, the neighborhood is just a short commute from Austin, providing access to the city's vibrant culture, music, and dining scenes while maintaining a peaceful suburban lifestyle.
This location is also a commuter's dream, with convenient access to major highways like US-183 and the 183A Toll Road, making it easy to navigate the surrounding areas. Whether you're looking for a close-knit community or easy access to modern conveniences, this neighborhood offers the best of both worlds.
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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 |
|---|---|---|---|
| Nov 25, 2024 | Listed by Real International Realty | $340,000 | |
| Listed by Real International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017