16721 Caperi DR
About This Property
Inside, the soft contemporary design feels fresh and inviting with soaring ceilings, gorgeous natural light, and an open kitchen that flows right into the living area. The kitchen is ready for everything from weeknight dinners to weekend entertaining with quartz counters, stainless appliances, a large island, updated sink, and tons of prep space. The living room makes a statement with its dramatic ceiling height, fireplace, and oversized sliding glass door leading outside.
And the backyard? It is a total lifestyle upgrade. The outdoor structure and landscaping were added in 2022, creating an amazing setup for relaxing, entertaining, and enjoying evenings around the fire. There is room to garden, play, host friends, or simply enjoy the view. With mature landscaping, drip irrigation, and raised beds that have already produced vegetables, fruit, and herbs, this yard is both beautiful and surprisingly easy to maintain.
The main-floor primary suite offers a spacious retreat with a renovated closet and spa-style bath, while upstairs gives you even more flexibility with 3 additional bedrooms, 2 full baths, and a theatre room ready for movie nights. Add in neighborhood trails, pool access, nearby schools, shopping, and Pflugerville Lake, and you have a home that checks every box.
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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 |
|---|---|---|---|
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by eXp Realty, LLC | $635,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017