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12309 Scribe DR
About This Property
Inside, this renovated home showcases numerous upgrades including a new roof, updated flooring, custom cabinetry, energy-efficient windows, and a new HVAC system. The kitchen is designed for both functionality and entertainment, offering abundant storage along with a spacious walk-in pantry.
A versatile bonus room adds extra flexibility-perfect for a home office, media room, fitness area, or creative space. With three bedrooms and two and a half baths, this home delivers comfortable living in a sought-after North Austin neighborhood close to some of the city's most popular destinations.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Price Decreased |
$499,995
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$524,999
↓ $25K
(4.5%) | |
| Price Decreased | |||
| Apr 26, 2026 | Price Decreased |
$549,990
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Apr 1, 2026 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017