1414 Vargas RD
About This Property
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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 7, 2026 | Delisted | - | |
| Delisted | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 23, 2026 | Listed by Spyglass Realty | $600,000 | |
| Listed by Spyglass Realty | |||
| Apr 9, 2025 | Listed by Austin Capitol Realty | $999,000 | |
| Listed by Austin Capitol Realty | |||
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This property is ideal for redevelopment of multi-homes or condos, centrally located near Montopolis Dr. The property features a short walk to schools ( pre K through 12 grade), this wonderful school is located next door on the same block next to the property, as or many other services desired by future renters. The property is in the best spot in the neighborhood which makes it a Prime Location. The property has had only one owner and is ready for redevelopment.
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About Montropolis
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Listed Office: Spyglass Realty - Listing courtesy of Unlock MLS
Phone: (512) 759-0889
Last Updated: 2026-04-07 04:18:28
Data Source: Unlock MLS, MLS# ACT9962247
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017