2209 Kinney RD
About This Property
Enjoy outdoor living with 1,007 sq ft of covered patios and porches, overlooking a 22 x 32 Pool/Spa. Stay warm by the 48-inch Rumford Wood Burning fireplace. The property is equipped with 10-foot glass Western Sliders throughout, creating a seamless indoor-outdoor living experience.
Inside, discover 3 dens, 3 refrigerators, freezers, and 2 full-size Samsung washers and dryers. Revel in the convenience of Wolf Sub Zero in the main kitchen and Thermador in the bungalow. The estate incorporates modern amenities such as 3 tankless water heaters, a steam shower, and Bevolo New Orleans gas lanterns. The spray foam insulation in the garage, slot diffusers, dimmers, and screwless Decora outlets ensure energy efficiency and comfort.
This smart home is Ring active and pre-wired with Google Fiber. Additional features include Nora Art lighting, WAC recessed lighting, Quartzite, Spanish and Italian stone finishes, and verdant landscaping with living fences and adaptive plantings. The property also comes equipped with a fire suppression system.
The flexible layout offers the possibility to create a fitness haven, a dedicated family office, and even integrate a pickleball court. Enjoy the added convenience of easy access to downtown, along with South Austin's vibrant dining scene.
Additional acreage option negotiable.
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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 |
|---|---|---|---|
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 11, 2024 | Price Decreased |
$4,350,000
↓ $149K
(3.3%) | |
| Price Decreased | |||
| Mar 27, 2024 | Price Decreased |
$4,499,000
↓ $176K
(3.8%) | |
| Price Decreased | |||
| Mar 19, 2024 | Relisted | $4,675,000 | |
| Relisted | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017