2606 W 48th ST
About This Property
Outdoor space is a real part of daily life here. The front patio provides a quiet place to ease into the day or wind down in the evening. The back deck sits right off the kitchen, making it easy to move between inside and out, and it's perfect for relaxing or entertaining. Trees around the property create a sense of privacy and retreat.
Just blocks from The Grove, Fonda San Miguel, epicerie, and so many more Rosedale neighborhood favorites, W 48th offers easy access to daily conveniences while being located on a remarkably quiet street. Zoned to A-rated schools (Highland Park, Lamar, McCallum), this is a well-cared-for home that brings together character, modern comfort, and peace in the heart of Austin.
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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 |
|---|---|---|---|
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$1,199,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| Mar 3, 2026 | Listed by Douglas Elliman Real Estate | $1,299,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Price Decreased |
$850,000
↓ $110K
(11.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017