1501 Pendleton DR
About This Property
The neighborhood boasts a large community pool and clubhouse, complete with a playground, basketball court, and picnic pavilion, providing ample opportunities for recreation and relaxation. *Refrigerator does not convey*
The Red Oaks neighborhood is equipped with a large community pool and clubhouse with a playground and basketball court, and picnic pavilion. Easy access to the Brushy Creek Regional 10.4 miles of hike and bike trails. Lakeline park has six access points into Red Oaks with The new Apple campus is just a 10 minute drive. The park and ride Metro-rail station for an easy commute to The Domain or downtown is a short drive or bike ride away. Conveniently located near shopping and US 183.
Don't miss out on this fantastic opportunity to make this beautiful home your own. Schedule a showing today and experience the best of Cedar Park living!
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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 |
|---|---|---|---|
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Compass RE Texas, LLC | $780,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Red Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017