40
Map
16 Augusta DR
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%.
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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 |
|---|---|---|---|
| Nov 27, 2024 | Listed by Watters International Realty | $450,000 | |
| Listed by Watters International Realty | |||
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Sep 17, 2024 | Price Decreased |
$499,500
↓ $26K
(4.9%) | |
| Price Decreased | |||
| Apr 13, 2024 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Jan 20, 2024 | Listed by Dale Brown Properties, LLC | $550,000 | |
| Listed by Dale Brown Properties, LLC | |||
| | |||
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Sellers have moved and this one is ready for move in! This 2571 SF home tucked on a quiet street with great neighbors
in the heart of Meadowlakes has it all. The house, built in 2000, offers a carefully designed floor plan with the primary suite, office (or 4th
bedroom) and extra bath on one side and 2 large guest rooms with a Jack and Jill bathroom on the opposite side. Enter through the
foyer flanked by a formal dining area and living room and continue past the breakfast dining area to the den with fireplace. Entertaining
is a snap in the large kitchen with an island, bar, and built-ins for your china and serving pieces. Take the party outside to the large,
screened porch with room to seat 12. The primary suite provides ample room for a sitting area and access to the porch, as well as a
tornado shelter in the specially designed closet. The outside curb appeal is over the top, thanks to the ongoing tree trimming of the
mature pecan trees, refreshing of the flower beds and exterior power washing. Check out Associated Documents for a list of features
and upgrades. Better hurry and grab this one…priced to sell in the coveted gated community of Meadowlakes which offers 24-hour
security and country club with golf course, tennis courts and pool, all in the center of Marble Falls along the banks of Lake Marble Falls.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017