18023 Lungo ST
About This Property
Discover the perfect blend of privacy, modern amenities, and a fantastic location with this courtyard-style condo showcasing a serene courtyard w/ pergola, cozy patio, fenced yard, & a detached 2-car garage. Located just across the street from beautiful Lake Pflugerville, this home offers residents lock and leave lifestyle close to all of the amenities that Pflugerville has to offer! The open design of this home creates a spacious and inviting atmosphere, ideal for hosting gatherings. Large windows and an open layout maximize natural light, infusing the living space with a bright and cheerful ambiance. The property is designed for low maintenance, worry-free living featuring solar panels, water softener, & reverse osmosis system allowing homeowners to spend more time enjoying their home and less time on upkeep. Additionally, the well-maintained outdoor area offers an ideal space for gardening, relaxation, and outdoor activities. Inside, the house is equipped with modern appliances including a brand new stove and features, ensuring convenience and comfort in every aspect of daily life. The property provides access to a close-knit and friendly community, & offers convenient access to the clubhouse and on-site exercise gym. Living here, you'll be close to all the essentials. It's just a stone's throw away from Lake Pflugerville, a beautiful park with trails and fishing. Stone Hill Town Center, filled with shopping and dining options, is a mere 10 minutes away. Plus, you'll have easy access to major routes like 130 and 45, making your commute a breeze. With nearby attractions such as the Typhoon Waterpark, Amazon Fulfillment Center, Tesla Factory, Samsung, and more, you'll have a world of entertainment and job opportunities at your doorstep.
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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 4, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Price Decreased |
$355,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Feb 27, 2024 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Oct 6, 2023 | Listed by Redfin Corporation | $375,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017