1803 W 38th ST
About This Property
Alley access leads to a detached carport, providing convenience and privacy. A climate-controlled detached studio of approximately 170 sqft offers versatility for a workout space or office, while an additional 84 sqft of storage space caters to your storage needs.
Priced accordingly, this home presents an opportunity for the next owner to craft the kitchen of their dreams. With a price under $1M, this property offers exceptional value for Central Austin living and coveted Brykerwoods Elementary. Enjoy the convenience of walking or biking to the nearby Grove Park, as well as popular eateries like Kerbey Lane, Tiny Boxwoods, Verdad and easy access to Shoal Creek Trail. Bonus – this property is on the Seton hospital power grid and did not lose power during the 2021 winter storm. Don't miss your chance to own a piece of Central Austin charm!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Moreland Properties | $995,000 | |
| Listed by Moreland Properties | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017