24
Map
1906 Newton ST
About This Property
This updated 2-bedroom, 1-bathroom bungalow is bathed in natural light, beautiful hardwood floors, marble tile, and both wood and marble countertops. The property boasts a stunning heritage Oak tree, a fully fenced-in yard, and covered parking. The modern kitchen is equipped with stainless Kenmore and Samsung appliances, and the charming bathroom comes complete with a clawfoot tub, stand alone shower, and plantation shutters.
Other features include updated plumbing, roof, a Nest security system, and a sprinkler system for the front and side yard. The shaded patio is perfect for outdoor relaxation.
Enjoy easy access to South Congress, the new HEB grocery, local food spots, music venues, and shops. Stacey Pool, Zilker Park, the Greenbelt, and downtown are all just minutes away.
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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 |
|---|---|---|---|
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Compass RE Texas, LLC | $850,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017