214 Diamond Point DR
About This Property
Four bed/Three FULL bath, one bedroom on main floor. Home features large owner's suite with walk-in closet, upgraded kitchen with stainless appliances, refrigerator included, gorgeous tile floors, granite countertops, and game room plus loft/flex space upstairs! This low maintenance home in the heart of Dripping Springs is walking distance to HEB/Restaurants/Founder's Park-Pool! DSISD schools! Low tax rate!
Click here for the assumable 2.75% loan https://hmlt.co/214-diamond-point-dr
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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 |
|---|---|---|---|
| May 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 21, 2024 | Price Increased |
$460,000
↑ $100
(0%) | |
| Price Increased | |||
| Apr 7, 2024 | Price Decreased |
$459,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Apr 1, 2024 | Price Decreased |
$465,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Mar 26, 2024 | Price Increased |
$466,000
↑ $9K
(1.9%) | |
| Price Increased | |||
Property Highlights
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About Dripping Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017