1405 Cometa ST
About This Property
Located minutes to downtown, UT and East Side dining spots and only 9 miles to Tesla, this is prime location. Inside, the Scandinavian-inspired design shines with stunning wood floors and a vintage clawfoot tub, adding a unique touch of style and comfort to every corner. A Bertazonni range, custom millwork and unlaquered brass fixtures create the perfect mix of sophistication and charm. Cool down in your own cowboy pool on summer days!
With new development happening all around, this home gives you the chance to experience the best of East Austin living with investment upside, all while enjoying the updated, move-in-ready space. Come see this renovated gem today! Can be offered furnished. Seller Motivated!
100% financing in the low 6s available. Offering up to 1% lender incentive (restrictions apply).
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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 |
|---|---|---|---|
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Decreased |
$399,000
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$419,000
↓ $26K
(5.8%) | |
| Price Decreased | |||
| Jul 30, 2025 | Price Decreased |
$444,999
↓ $13K
(2.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017