2201 Willow ST
About This Property
Discover the epitome of urban living in this East Austin gem, completely redone in 2017. Boasting an impressive 2,457 square feet of stylish living space, this residence features 4 bedrooms plus an office, and 3.5 baths. What sets this property apart is its versatile attached apartment with a separate entrance, offering lucrative short-term rental potential or a perfect retreat for guests.
Features at a Glance:
Spacious Primary Suite: High ceilings, walk-in closet, double sink vanity, and access to a covered enclosed porch.
Outdoor Oasis: Large patio with built-in bar and ample yard space, ideal for entertaining.
Flexible Living Spaces: Second-floor flex space currently set up as a yoga/pilates studio.
Additional Apartment: Separate living quarters with private entrance, perfect for Airbnb or hosting guests.
Situated on a FULL corner lot, this home has it all. Enjoy a stellar 94/100 walk score with top-notch dining options like Buffalina, Oseyo, and Lou's, along with Whole Foods and Target just a short walk away. The Lady Bird Lake Hike and Bike Trail is easily accessible, enhancing the active lifestyle this location offers.
Highlights:
Total Living Area: 2,457 sq ft
Bedrooms: 4 + DETACHED office
Bathrooms: 3.5
Separate Apartment: Yes, with private entrance
Walk Score: 94/100
Rental Potential: No rental restrictions, perfect for short-term leases
HOA: $0
Why You'll Love It:
Stylish Renovations: Modern upgrades throughout, ensuring a contemporary living experience.
Prime Location: Nestled in vibrant East Austin, close to dining, shopping, and outdoor activities.
Investment Opportunity: With no rental restrictions, maximize your investment potential with short-term rentals.
Seize the opportunity to own this exceptional find in the heart of East Austin, where urban sophistication meets rental potential. This property is a true gem, ready to offer an AMAZING lifestyle.
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Cap Rate Calculator
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 16, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Price Decreased |
$1,298,500
↓ $27K
(2%) | |
| Price Decreased | |||
| Jun 6, 2024 | Price Decreased |
$1,325,000
↓ $100K
(7%) | |
| Price Decreased | |||
| May 29, 2024 | Price Decreased |
$1,425,000
↓ $50K
(3.4%) | |
| Price Decreased | |||
| May 17, 2024 | Price Decreased |
$1,475,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017