212 Versilia CIR
About This Property
The villa is literally steps away from Tuscan Village's renowned amenities, including a heated indoor/outdoor pool, fitness center, pickleball courts, walking trails, and the Club Salus Clubhouse with its terrific community events and activities. You're also within walking distance of the Lakeway Library. Lakeway's renowned Baylor Scott & White Hospital and Medical Complex, as well as all of Bee Cave and Lakeway's terrific shopping, dining, and entertainment options, are just minutes away. HOA covers landscape maintenance for the villa front and back, a Spectrum internet package and landline, clubhouse amenities, pickleball courts, pool access, and fitness room.
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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 |
|---|---|---|---|
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Keller Williams Realty | $875,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017