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About This Property
The stunning backyard is shaded by massive trees and is the perfect party spot! A "Zen Den" w/ AC and Smeg fridge is the perfect spot to relax (not in sf). There is a "Cowboy Pool" with sand filter and sailcloth shade for those hot summer days (w/ cover). Dublin tumbled stone paths and patio, a turf "carpet", stone firepit, raised garden beds & planters, and a shed/workshop. Conveniently located 15 minutes from downtown with easy access to Mueller, Bartholomew Park & Pool and walkable to Hank's Restaurant. The City of Austin recently added sidewalks and bike lanes to Briarcliff Blvd, making transportation around the neighborhood a breeze!
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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 |
|---|---|---|---|
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Nest Easy Realty | $575,000 | |
| Listed by Nest Easy Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017