2716 Santa Barbara LOOP
About This Property
The open-concept layout seamlessly connects the living room, kitchen, and dining area, creating an ideal space for both daily living and gatherings. Large windows fill the space with natural light, enhancing the home's inviting atmosphere. The kitchen is a chef's delight, featuring high-quality appliances, ample counter space, and stylish cabinetry, with a kitchen bar offering additional seating. Step outside to the covered wrap-around patio for outdoor dining or relaxation. The backyard provides plenty of space for gardening, entertaining, or unwinding.
As a resident of Paloma Lake, you will have access to scenic walking trails, parks, and the picturesque Paloma Lake itself, perfect for fishing and picnicking. The community features multiple swimming pools and playgrounds, offering endless recreation options for families. Located within the acclaimed Round Rock Independent School District, this home ensures access to top-tier education. Currently, the middle and high school bus pick up is right across the street at the intersection of Santa Barbara Loop. Paloma Lake is conveniently near shopping centers, restaurants, and entertainment options, with major highways nearby making commuting to Round Rock and Austin easy.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 21, 2024 | Listed by Vince Realty | $475,000 | |
| Listed by Vince Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017