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18236 Crimson Apple WAY
About This Property
Step outside to your northwest-facing backyard, perfect for sunset views from the covered patio and spectacular firework displays from Typhoon Texas during New Year's and Fourth of July celebrations. Enjoy this thoughtfully designed backyard, featuring an expanded patio with Koolcote covering, an outdoor fireplace, and xeriscaped pathways lined with trees for added privacy.
Located in a walkable neighborhood with access to excellent schools, walking trails, parks, frisbee golf, playgrounds, and a resident's club. This home is also close to the Toll Road and Mopac allowing you to reach The Domain, Downtown, and the airport in just 20 minutes, or head north to Round Rock and Georgetown.
Additional features include a garage wired for a Tesla charger and surround sound wiring in the main living room and back patio. Don't miss this opportunity to own a truly exceptional home!
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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 |
|---|---|---|---|
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by Compass RE Texas, LLC | $549,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017