2007 Mayfield DR
About This Property
The guest house is 864 square feet of tastefully finished, heated and air conditioned space featuring three large rooms and 2 closets providing ample space to design according to your needs. It includes a full bathroom and separate mechanical systems, ensuring comfort and privacy for work or play.
The barn measures 36x30 feet and includes an additional 30x22 foot carport on one side. Inside the livestock fence, there is a 36x12 foot loafing shed. The barn is equipped with one 12-foot overhead door and another 10-foot overhead door, providing ample space and accessibility for various needs.
The property features multiple fenced areas, making it ideal for housing pets and livestock securely. These designated spaces ensure the safety and well-being of your animals while allowing them plenty of room to roam.
This property is within walking distance to park areas along Brushy Creek, offering easy access to outdoor recreation and natural beauty. Additionally, it is located within the Leander School District, providing excellent educational opportunities for families.
Low tax rates, excellent schools, very light restrictions and room to roam make this a great homestead!!
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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 |
|---|---|---|---|
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Price Decreased |
$948,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Aug 14, 2024 | Price Decreased |
$949,000
↓ $36K
(3.7%) | |
| Price Decreased | |||
| Jul 9, 2024 | Listed by RE/MAX Capital City | $985,000 | |
| Listed by RE/MAX Capital City | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017