2131 Cervin BLVD
About This Property
The interior features a bright and airy living, dining, and kitchen area enhanced by vaulted ceilings, a cozy wood-burning fireplace, and modern fixtures throughout. Enjoy the ease of stainless steel appliances and luxury vinyl plank flooring that adds a touch of elegance to every room.
Technology enthusiasts will appreciate the smart home features including a Ring alarm system with monitoring at the front door, garage, and backyard, a smart front door lock, water alert meter at the heater, and Nest thermostat. The HVAC was replaced in February 2020 with a R410A system and UV filtration, and the roof was replaced and upgraded to architectural asphalt shingles in 2023.
Located ideally between Mopac and I-35, this home offers quick access to everything Austin has to offer, from parks and playgrounds to renowned schools and the vibrant Domain shopping district. Whether you're commuting downtown or to the Austin tech corridor, convenience is at your doorstep.
Outside the home, this community thrives with amenities including local parks, tennis courts, pool, walking trails, a library, and a serene fishing pond, all within walking distance. Engage with neighbors at community events like 4th of July celebrations, casino nights, and festive holiday gatherings.
This is more than a home; it's a lifestyle waiting for you. Don't miss your chance to make this Austin gem yours today!
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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 23, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Redfin Corporation | $350,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017