1364 Chad DR
About This Property
The open floor plan centers the spacious living room and breakfast nook around the chef's kitchen with walk-in pantry, large island and Energy Star appliances. The downstairs primary suite offers large windows with greenbelt views, double vanity, garden tub with separate walk-in shower and oversized closet with storage nook. The lower-level flex space can be used for formal dining or a convenient office.
Upstairs features three ample bedrooms, a full bath and a large upstairs landing with potential as a secondary living area, media/game room or double office space. Storage abounds throughout the home and three-car garage with EV charging port and mini-split AC unit.
One of the most special things about this home is the massive backyard, which backs to green space for a secluded, peaceful feel. Spend breezy spring evenings on the covered patio, and take advantage of the additional patio space by installing a grill space or hot tub!
This home is located in the desirable Madsen Ranch subdivision, with friendly sidewalks, walking trails and a community playground, plus Old Settlers Park is just a two minute drive away. Also within a short drive is Dell Diamond, Kalahari Resort, Round Rock Premium Outlets, and the charm and convenience of downtown Hutto.
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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 |
|---|---|---|---|
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 6, 2024 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by JBGoodwin REALTORS WL | $525,000 | |
| Listed by JBGoodwin REALTORS WL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017