2217 Grenache DR
About This Property
Situated near Dell Electronics and just steps from HEB, this property is also conveniently located two blocks from The District, a newly approved mixed-use development akin to the popular Domain.
Designed for modern living, this City Home is both low maintenance and energy efficient. Featuring a two-story layout with an open kitchen and living area, as well as a spacious game room upstairs. Equipped with stainless steel appliances, a video doorbell, and zoned thermostats, this home offers contemporary convenience.
Relish leisure time on the covered patio or in the sizable backyard of this corner lot property. With construction completed, this home is primed for swift occupancy.
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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 29, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | Listed by John Cowman, Broker | $477,990 | |
| Listed by John Cowman, Broker | |||
| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2023 | Listed by Engel & Volkers Austin Westlake | $477,990 | |
| Listed by Engel & Volkers Austin Westlake | |||
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Model Home open daily. Welcome to Cielo East, a new home community off W. Pflugerville PKWY in Pflugerville. Cielo East is a 105 home-gated Community with 7 Floor plans ranging from 1460 SF to 2205 SF. 2217 Grenache Dr is the Westbrook "A" floorplan with design package #3. This is a spec home under construction with a 2023 expected completion. The home features 42" cabinetry, quartz countertops, stainless steel appliances, an upgraded primary bath with a walk-in shower, and luxury plank flooring in living areas. All homes feature 2-car garages, 16x6 covered patios, private fenced yards, and designer interior selections. Smart Home features include keyless entry and a dedicated EV charging plug. Please visit the website and enter your contact information at www.masonwoodtx.com The manager has listed the unit size as 1830 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017