2614 Ravello Ridge DR
About This Property
Inspired by the timeless allure and graceful elegance of Santa Barbara architecture, this home radiates charm and warmth at every turn. Upon arrival, you're greeted by the grandeur of a meticulously landscaped estate, with manicured grounds leading to the inviting entrance.
Step inside to discover a variety of refined living spaces designed for both relaxation and entertaining. The main level features an array of amenities, including a stylish primary suite, a spacious office for remote work or study, and formal living and dining areas ideal for hosting gatherings.
The heart of the home lies in its open-concept living and kitchen area, where soaring ceilings and a cozy gas fireplace create an inviting atmosphere. Whether you're preparing a delectable meal or unwinding with loved ones it is the perfect setting for everyday living.
Outside, a resort-like paradise awaits with luxurious outdoor spaces and a sparkling pool. The meticulously maintained grounds feature a bocce ball court and fire pit for relaxation and recreation.
For guests or extended family members, a separate casita with its own entry offers added privacy and convenience. The three-car garage provides ample space for parking and storage.
Ascending to the upper level, you'll find three additional ensuite bedrooms, a spacious living room and additional room for use as a gym, media room, or secondary office.
2614 Ravello Ridge represents the pinnacle of luxury living in the coveted Barton Creek neighborhood. Don't miss your chance to own this extraordinary property, perfectly situated next to one of Texas' premier golf courses, and experience the ultimate in upscale living.
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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 |
|---|---|---|---|
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by KW-Austin Portfolio Real Estate | $3,399,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
| May 15, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 25, 2024 | Price Decreased |
$3,399,000
↓ $100K
(2.9%) | |
| Price Decreased | |||
| Apr 5, 2024 | Relisted | $3,499,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017