2609 Stratford DR
About This Property
The existing home features three generous bedrooms and two bathrooms, providing ample space for comfort and relaxation. An additional office makes it an ideal setting for those who value the flexibility to work from home.
The heart of the home-the kitchen-has been updated with modern amenities without compromising on the original aesthetics. A wood-burning fireplace adds to the cozy ambiance of this unique residence while the screened porch nestled under a canopy of Live Oaks provides an idyllic spot for leisurely afternoons or entertaining guests.
This property offers more than just a beautiful home; it also provides direct auxiliary driveway access into Rollingwood via Almarian. This feature sets this property apart and increases its appeal. Furthermore, the long switchback driveway adds a sense of privacy and seclusion.
This home offers potential as an exceptional rental, renovation, or redevelopment opportunity due to its design and location within walking distance to popular attractions such as Zilker Park, Botanical Gardens, The Rowing Dock, Barton Springs and Rollingwood Pool.
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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 |
|---|---|---|---|
| Nov 21, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 7, 2024 | Listed by DEN Property Group | $3,150,000 | |
| Listed by DEN Property Group | |||
| | |||
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This authentic mid-century modern home is a rare find, offering an elevated estate-sized lot that boasts incredible views of UT tower, the Capitol, and even skyline vistas from various vantage points. The existing home features three generous bedrooms and two bathrooms, providing ample space for comfort and relaxation. An additional office makes it an ideal setting for those who value the flexibility to work from home. The heart of the home—the kitchen—has been updated with modern amenities without compromising on the original aesthetics. A wood-burning fireplace adds to the cozy ambiance of this unique residence while the screened porch nestled under a canopy of Live Oaks provides an idyllic spot for leisurely afternoons or entertaining guests. This property offers more than just a beautiful home; it also provides direct auxiliary driveway access into Rollingwood via Almarian. This feature sets this property apart and increases its appeal. Furthermore, the long switchback driveway adds a sense of privacy and seclusion. This home offers potential as an exceptional rental, renovation, or redevelopment opportunity due to its design and location within walking distance to popular attractions such as Zilker Park, Botanical Gardens, The Rowing Dock, Barton Springs and Rollingwood Pool.
| |||
| Jun 13, 2024 | Price Decreased |
$3,150,000
↓ $350K
(10%) | |
| Price Decreased | |||
| May 23, 2024 | Listed by DEN Property Group | $3,500,000 | |
| Listed by DEN Property Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017