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115 Park Place DR
About This Property
The home offers 3 bedrooms plus a study/flex room that can easily serve as a 4th bedroom, as well as a large upstairs game room/flex area with a half bath. The primary suite is filled with natural light and boasts separate vanities, a walk-in shower, a garden soaking tub, and a spacious walk-in closet.
Outdoor living is a dream with covered front and back porches where you can enjoy the beauty of Texas sunrises and sunsets. A large live oak cluster provides a shaded retreat in the backyard, which also benefits from green space behind. The property features an oversized 2-car garage, walk-through laundry/mudroom, walk-out attic storage, and a $2500+ invisible fence installed in 2021.
Located just 1.5 miles from the new HEB and shopping area at Ronald Reagan/29, and minutes from Wolf Ranch and downtown Georgetown, this home offers the perfect combination of privacy and convenience. With a low tax rate of 1.64% AND interest rate trends, now is the time to make this Texas paradise your own!
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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 |
|---|---|---|---|
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$689,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Oct 3, 2024 | Price Decreased |
$699,000
↓ $31K
(4.2%) | |
| Price Decreased | |||
| Sep 5, 2024 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 21, 2024 | Price Decreased |
$749,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Gabriels Overlook
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$2,450 /mo
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$2,350 /mo
- 4 Beds
- 3 Baths
- 2,224 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017