2664 Gate RDG
About This Property
Step inside to discover an inviting open floor plan that enhances the flow of natural light, complemented by high ceilings that add to the sense of spaciousness. The large kitchen is equipped with ample cabinets, generous counter space, and a convenient step-in pantry closet. It seamlessly merges with a cozy breakfast area, perfect for morning gatherings and casual meals.
The spacious master suite is a true retreat, featuring a large walk-in closet and an en-suite bathroom with a dual vanity. The layout is thoughtfully designed, with the primary bedroom located on the opposite side of the secondary bedrooms, ensuring privacy.
Google Fiber availability for high-speed internet access. The property is also conveniently located near the vibrant South Menchaca Entertainment District, known for its excellent restaurants and popular spots, offering endless entertainment options. Furthermore, it provides easy access to major roadways like FM 1626, 45, and Mopac, making commuting a breeze.
Whether you are drawn to its award-winning schools, updated features, the community's full suite of amenities, or the proximity to South Austin's bustling nightlife and Southpark Meadows' shopping, entertainment, and dining options, this home promises a balanced and enriched living experience.
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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 |
|---|---|---|---|
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by AustinRealEstate.com | $400,000 | |
| Listed by AustinRealEstate.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017