1617 Cresson TRL
About This Property
Spanning 3732 square feet, this home boasts five bedrooms, two down, and three full baths. Upon entry, a sitting and dining area welcomes you alongside a dedicated office space with elegant French doors. The living room features lofty ceilings, ample windows, and vinyl plank flooring anchored by a magnificent stone fireplace.
The gourmet kitchen showcases granite countertops, rich cabinetry, a stylish tile backsplash, a gas cooktop, double ovens, a microwave, a pantry, a breakfast nook, and stainless steel appliances. The downstairs primary suite is a retreat with plush carpeting, abundant windows, and an en-suite featuring a double vanity, walk-in shower, luxurious soaking tub, and spacious closet. Another downstairs bedroom and full bath offer added convenience for guests, family, or a growing family.
Upstairs, a versatile loft complements three generously sized bedrooms with walk-in closets, sharing a full bath. Don't miss the balcony! Outdoors, a large covered patio and expansive backyard invite relaxation. The 3-car garage with a water softener and shed enhance practicality.
Situated in the esteemed Leander ISD, the home enjoys a prime location near major roads, shopping, and dining. Community amenities!
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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 |
|---|---|---|---|
| Aug 10, 2023 | Listed by Compass RE Texas, LLC | $750,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017