1601 Cedar Ave
About This Property
Upon entering, you are welcomed by a warm and inviting living area, bathed with natural light from the big windows that line the walls, creating an open and relaxed ambiance. The space has recently been transformed and remodeled into a modern open-concept design from floor to ceiling!
This beautiful East Austin home sits nestled on a lush, landscaped lot amongst large Texas trees minutes from Downtown Austin and all it has to offer. The primary bedroom is light and bright with its own private door to the backyard, complete with a spacious walk-in closet and convenient built-in storage. The ensuite bathroom has been thoughtfully updated with a gorgeous freestanding tub, high end light fixtures, double vanities, and an extra spacious frameless glass walk-in shower.
The home features beautiful new white oak hardwood flooring throughout, a spacious modern kitchen, indoor laundry and mudroom, and a plethora of updates throughout. There's also a designated office/bonus room that you can use to work from home or can tailor it into something that better suits your needs!
The entire home has been remodeled, with permits, from new siding, windows, doors, roof, flooring, kitchen, bathrooms, water heater, AC, plumbing, and electrical. 1,822 sq.ft. per permitted plans (buyer to verify). This home is a must see!
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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 |
|---|---|---|---|
| Nov 10, 2023 | Listed by Bramlett Residential | $849,900 | |
| Listed by Bramlett Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017