197 Donatello
About This Property
Skip the builder wait and enjoy an open floor plan featuring quartz countertops, a large kitchen island, updated flooring, custom storage, recessed lighting, and a beautiful fireplace. The oversized primary suite includes a massive walk-in closet, while the dedicated pantry and laundry spaces provide storage rarely found in this price range.
Outside, enjoy mature shade trees, a covered patio, pergola, firepit, and fully fenced backyard. Community amenities include a pool, playground, and dog park, all with easy access to Austin, shopping, dining, and major employers.
Seller is offering $5,000 toward buyer closing costs or rate buydown plus a 2-year home warranty for added peace of mind. Vacant, easy to show, and available for immediate move-in.
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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 |
|---|---|---|---|
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$279,000
↓ $6K
(2.1%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$285,000
↓ $12K
(4%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by All City Real Estate Ltd. Co | $297,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017