270 Mallet CT
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Compass RE Texas, LLC | $899,000 | |
| Listed by Compass RE Texas, LLC | |||
| Nov 25, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 15, 2025 | Listed by Compass RE Texas, LLC | $925,000 | |
| Listed by Compass RE Texas, LLC | |||
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Experience the essence of waterfront living at this inviting property in the gated equestrian community of The Polo
Club. Nestled alongside the main pond on a .34-acre lot, it offers tranquil views and a relaxed atmosphere that feels
like a retreat right at home. With a cool, modern vibe and a polished design, the residence is as comfortable as it is
stylish. The layout includes four bedrooms, 3.5 baths, and 3,483 square feet of functional living space, featuring two
living rooms, an office, and a media room—offering plenty of room for entertaining or day-to-day living. The two-story
foyer opens to a private office before leading to the family room. A wall of oversized windows frames stunning pond
views, filling the space with natural light. The open floor plan flows into the breakfast area and spacious kitchen, where
abundant cabinetry, a central island, and a breakfast bar cater to everyday and entertaining needs. The main-level
living spaces are a light-filled breakfast nook, formal dining room, and front office. The main-level primary suite offers
expansive windows overlooking the serene landscape. The updated ensuite bath features chic custom tilework included
in the walk-in shower and a generously sized walk-in closet, merging modern design with practical convenience.
Upstairs, three additional bedrooms, 2 full baths, a large game room, and a dedicated media room provide ample
space for relaxation and entertainment. The thoughtful layout ensures privacy and togetherness and accommodates a
variety of lifestyles. Step outside to 500 square feet of deck and patio space, perfect for savoring pond views or
hosting gatherings. The generously sized fenced yard along the pond is a rarity for this street. It offers plenty of room
to play, unwind, or enjoy the peaceful surroundings in privacy. Conveniently close to shopping, dining, and top-rated
Dripping Springs schools—Easy access to Austin and the airport, just 30-40 minutes away.
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| Jul 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017