1708 Hether ST
About This Property
Step into the secluded outdoor oasis where an expansive, 8-foot-deep heated pool, spa and cabana give the entire home a waterfront ambiance. A spacious yard area provides ample space for outdoor activities and play.
Inside, the light and bright open-plan interiors include a vaulted great room with a dramatic clerestory window and a gourmet kitchen filled with Thermador appliances. Luxurious bedrooms begin with a main-floor Owner's retreat with a grand champagne closet and a spa bath opening directly to the outdoor hot tub.
Enjoy three lovely secondary bedrooms, a game room, a home office, plus a separate well-appointed apartment with a private entrance - perfect for guests or rental income.
Conveniently located near Zilker Park, Music Lane, and Austin's finest dining spots, this unique retreat offers an unparalleled blend of comfort and luxury. Don't miss out on this exceptional opportunity. Pool cabana provides an additional 202 square feet of space with a full bath for added convenience.
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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 |
|---|---|---|---|
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Douglas Elliman Real Estate | $3,675,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017