23
Map
2313 Monarch DR
About This Property
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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 |
|---|---|---|---|
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Keeping It Realty | $775,000 | |
| Listed by Keeping It Realty | |||
| Mar 14, 2025 | Listed by JBGoodwin REALTORS WL | $550,000 | |
| Listed by JBGoodwin REALTORS WL | |||
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Rare Opportunity! First Time Ever on the Market!
Welcome to a one-of-a-kind 1970s custom home in highly sought-after Castlewood Forest—a neighborhood known for its wide, tree-lined streets, strong sense of community, and laid-back South Austin charm. This is your chance to own a true original, hitting the market for the very first time!
Sitting on a sprawling .3-acre lot, this home is brimming with potential. Whether you choose to embrace its vintage character or reimagine it with your own modern touch, the possibilities are endless. The retro bar—once the heart of lively gatherings—is ready for its next round of legendary margaritas, and to keep the tradition alive, we’re throwing in free margaritas with the purchase of this home!
Spacious rooms, classic architectural details, and a prime location make this home an incredible investment in both lifestyle and value. Just minutes from downtown, everyday conveniences, and the Manchaca Entertainment District, you’ll have the best of South Austin at your doorstep. Single owner homes in Castlewood Forest are rarely available—don’t miss your chance to make this one yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017