2700 Bear Springs TRL
About This Property
The kitchen is equipped with modern, high-quality appliances and fixtures, such as the sleek range hood, stainless steel appliances, and high-end granite countertops. A chef's dream pantry is the length of the wall behind the cooktop and offers even more storage in the kitchen. There is a seamless flow into the dining area, living room and backyard, complete with a built-in outdoor kitchen making dining al fresco a breeze. Unwind in the primary bedroom with a spa-inspired bathroom with double vanities, high ceilings, a spacious shower, soaking tub, and a roomy walk-in closet. The home's floorplan is flexible and functional. The second living room is an ideal game room or playroom with plenty of room for entertaining friends and family or to enjoy a quiet evening relaxing in front of the TV. The outdoor spaces are just as inviting as the indoors, with a back patio that is perfect for hosting a BBQ or just enjoying the peaceful surroundings. Renderings for a deck, pool, and additional landscaping options are available. The home is tucked in the trees but conveniently located near shopping, dining and all of the area amenities that make South Austin and 78748 so desirable. Let's get you in for a private tour today!
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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 |
|---|---|---|---|
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Moreland Properties | $949,000 | |
| Listed by Moreland Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017