11609 Rydalwater LN
About This Property
Step inside to be greeted by an open concept layout, a feature that allows for seamless connectivity between spaces. It promotes easy entertaining and togetherness, making this home a true haven for quality time and memorable gatherings.
Step outside onto the covered back patio, complete with fans for those warm days. It's the perfect spot for a morning cup of coffee or an evening BBQ. The exterior of the home also features custom concrete work and lush grass, maintained with a sprinkler system - a testament to the attention to detail and care put into this property.
The home is not only visually appealing but also functionally sound. Key elements like the siding and roof were updated in 2021, and the HVAC system with duct work was replaced, ensuring you'll enjoy a comfortable and worry-free living experience for years to come.
The location of this home is another fantastic feature. Located just a short drive away from the University of Texas, it's perfect for those seeking to balance work, study, and play. The airport is also conveniently located just 20 minutes away, making travel a breeze for you and holiday visitors.
This property central to local amenities, including shopping centers, parks, and recreational facilities. The community is vibrant and welcoming, offering a rich blend of cultural, entertainment, and outdoor activities for all to enjoy.
In conclusion, this is more than just a house - it's a lifestyle. It's about the open concept that brings family and friends together, the outdoor space that invites you to relax and enjoy the Texas weather, the practical upgrades that ensure comfort and peace of mind, and a location that puts you close to all the action. This property truly offers a unique opportunity to embrace the best of Austin living.
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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 |
|---|---|---|---|
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Price Decreased |
$420,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jun 5, 2024 | Listed by Keller Williams Realty | $425,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017