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116 Birdstone LN
About This Property
Expansive windows in the entry corridor provide natural light and picturesque views of the tranquil front courtyard. The great room, dining space, and kitchen meld function and aesthetics in one large, flowing space for a comfortable, easy way to live and entertain. Custom stained vent hood, white and blue cabinets, and unique metal tile backsplash give the kitchen a distinctively, custom look. This chef's and entertainer's kitchen is thoughtfully equipped with double ovens, a built-in stainless steel refrigerator, and an undercounter ice machine, providing both functionality and style. The owner's suite with a private, back corner location is styled in a manner that creates a tranquil, calm retreat. A game room/second living space has access to the large covered patio and outdoor kitchen. The covered patio is anchored by stately, square columns and shaded by magnificent grand trees. A large dedicated office is located near the front of the home and has its own private entry. The laundry room has abundant cabinet and counter space and functions like a large butler's pantry with laundry appliances. Owner improvements in the three car garage include epoxy floors and custom built-in storage. Luxury lifestyle in this country club community with Jack Nicklaus Signature golf, fitness facility, spa, tennis and pickleball. Cimarron Hills is located in the charming, historical town of Georgetown, Texas.
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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 3, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Price Decreased |
$1,295,000
↓ $55K
(4.1%) | |
| Price Decreased | |||
| Sep 25, 2024 | Listed by Kuper Sotheby's Int'l Realty | $1,350,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017