2220 Rimrock 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 |
|---|---|---|---|
| Mar 16, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by Keller Williams Realty Austin | $850,000 | |
| Listed by Keller Williams Realty Austin | |||
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Open house Sunday February 27th from 12-2! This updated Lake Pointe beauty is on a quiet, low traffic corner. Remodeled with an open kitchen, gorgeous floors and amazing outdoor living spaces accessed by a sliding back door, this home lives as a one story with a flex space, kitchenette and deck upstairs. The convenient location makes walking to the exemplary school, pool, parks and Lake Austin really easy. You can also use the walking trails to Walgreens, the Hill Country Galleria and the Bee Cave Public Library. Need a 4th bedroom? Bathroom That can be easily accomplished with the large space and plumbing upstairs.
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About Lake Pointe
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45276377
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017