11320 Reading WAY
About This Property
As you step inside, you'll be greeted by vaulted ceilings and tile flooring that runs through the main living areas, creating a bright, open feel. The kitchen is built for both function and style, with stainless steel appliances, a trendy tile backsplash, and plenty of cabinet and counter space-ideal for cooking and entertaining. The dining area, bathed in natural light, is a great spot for meals or hosting friends.
The main level includes a spacious primary bedroom that feels like a private retreat, along with two additional bedrooms with cozy carpeting. Upstairs, you'll find a flexible loft space that overlooks the living area below, perfect as a media room, play area, or home office. There's also a fourth bedroom and full bathroom upstairs, offering privacy for guests or older kids.
Outside, the covered porch and patio provide a great place to relax or entertain, with a large backyard that's perfect for outdoor activities, gardening, or just unwinding. Living in the Avery Ranch community comes with perks like swimming pools, parks, and hiking trails, all within easy reach. Plus, Highway 183 is nearby, giving you quick access to shopping, dining, and entertainment options.
This home offers the perfect balance of space, comfort, and location. Come see it for yourself!
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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 |
|---|---|---|---|
| Jan 10, 2025 | Listed by Coldwell Banker Realty | $650,000 | |
| Listed by Coldwell Banker Realty | |||
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About Austin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017