28
Map
254 Kelley RD W
About This Property
Some photos have been virtually staged to help illustrate the property's potential.
**Buyer incentive available! Qualified buyers may receive a lender credit equal to 1% of the loan amount toward closing costs when financing through Redbud Home Loans. Contact agent or lender for details.
The neighboring 4 acre lot at 270 Kelley Rd W is also for sale (MLS #2721674) - which could be combined to make a 9 acre estate.
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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 |
|---|---|---|---|
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| May 17, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| May 10, 2026 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$425,000
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Zilker Properties of Austin | $429,000 | |
| Listed by Zilker Properties of Austin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017