2705 Ashdale DR
About This Property
It's rare to find a property in Austin that has true walkability, but this is it! Just around the corner, you'll find the Alamo DraftHouse, Starbucks, Bartlett's and Jack Allens Kitchen to name just a few. In addition, it's zoned to the highly acclaimed Anderson High School.
With its open-concept layout, this home strategically places the recently updated modern kitchen at the heart of the living space. Serving as a perfect hub for daily living and entertaining, the kitchen is the focal gathering place, allowing you to be busy in the kitchen while staying seamlessly connected with family and guests in the adjacent living room.
The bedrooms are intentionally positioned on opposing ends of the house, with the secluded primary tucked away on its own side, enhancing privacy. The large primary bedroom is light and bright with a big walk-in closet and its very own ensuite full bathroom!
Both of the secondary bedrooms are generously sized, each featuring natural light, ceiling fans, and walk-in closets that provide ample storage space! They share a spacious full bathroom that's conveniently located near both bedrooms, as well as the shared living spaces, making it perfect for residents as well as guests!
The freshly landscaped sprawling backyard features a nicely sized covered patio and is fenced for privacy with no residential neighbors behind!
The property also includes a 2-car garage, providing secure parking and additional storage options, as well as a dedicated laundry area that has plenty of additional bonus space for storage.
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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 |
|---|---|---|---|
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Bramlett Residential | $564,900 | |
| Listed by Bramlett Residential | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017