18804 Alnwick Castle DR
About This Property
This unique one-story home in desirable Highland Park welcomes you with Brazilian cherrywood floors upon entry, providing warmth and elegance throughout. Natural light fills the space, creating an inviting atmosphere and enhancing the comfortable flow of the split floorplan that offers privacy for the primary suite. The primary bathroom has been updated for a modern touch.
The versatile layout includes an office or potential fourth bedroom featuring charming French doors, as well as formal living and dining areas that can be transformed into a flex space to suit your lifestyle. The kitchen offers granite countertops, a center island, stainless steel appliances, and 42-inch cabinets and is open to the second living and dining areas. The well-appointed laundry room offers space for your large washer and dryer, as well as a second refrigerator.
The property includes a spacious, level lot with a covered patio for outdoor relaxation. It's also located within easy walking distance of the community pool, playground, and Highland Park Elementary School.
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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 13, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by Compass RE Texas, LLC | $475,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 7, 2019 | No longer available | - | |
| No longer available | |||
| Jul 11, 2019 | Listed by Keller Williams - Austin NW | $279,500 | |
| Listed by Keller Williams - Austin NW | |||
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Spacious one story home with Brazilian cherrywood floors that greet you as you enter. Office/study with French doors, formal living and dining area in the front of house. Granite countertops, center island, stainless steel appliances, 42" cabinets, laundry room to fit your large washer and dryer. Walking distance from Highland Park Elementary school. The manager has listed the unit size as 2557 square feet.
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About Highland Park
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$2,760 /mo
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$2,595 /mo
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Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-07-15 18:11:02
Data Source: Unlock MLS, MLS# ACT3624007
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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