21668 High Drive
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Compass RE Texas, LLC | $577,450 | |
| Listed by Compass RE Texas, LLC | |||
| |||
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Motivated Seller will consider all offers. Welcome to your new construction, modern sanctuary at 21668 High Drive, Lago Vista, TX, an elegant ADA compliant, retreat just minutes from the serene shores of Lake Travis, Lago Vista Marina, and the prestigious Lago Vista Golf Club. This exquisite home spans 2,370 square feet, offering three spacious bedrooms and 2.5 luxurious bathrooms and a dedicated office. Step inside to a grand foyer entrance that leads to a bright, open-concept living space adorned with high ceilings, warm wood floors and abundant natural light. The kitchen is a chef's dream, featuring sleek white soft close, European-style cabinets, a stunning white quartz island complemented by a modern backsplash. The premium appliance package includes a dishwasher, range hood, electric cooktop, and a microwave/oven combo. The master suite is a haven of tranquility, boasting a custom large walk-in closet with a barn door and a master bathroom that exudes luxury, a double sink vanity, ample storage, and a walk-in shower plus a modern soaking tub. A spacious garage with spray foam insulation and an insulated door with glass windows. The wide lot is gated and fenced, perfect for boat or RV storage, and a private, landscaped backyard ideal for outdoor relaxation.
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| Oct 15, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 9, 2024 | Price Decreased |
$598,500
↓ $27K
(4.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017