2937 Higgins ST
About This Property
Unlock a world of possibilities with the option for an additional 1/1 ADU unit, for which the seller has thoughtfully prepared plans. Whether you're seeking a savvy investment opportunity or envisioning an extended living space, this feature opens the door to endless potential.
Embrace the essence of modern comfort with recent updates that elevate this space into a haven of contemporary living. From cozy evenings in the spacious living areas to culinary adventures in the well-appointed kitchen complete with stainless appliances, every corner invites warmth and relaxation. Luxury vinyl floors span the home, offering both durability and elegance underfoot. High-end finishes abound, showcasing engineered granite countertops and designer tile selections that add a touch of sophistication to every room.
Perfectly positioned between East Austin's thriving energy and the dynamic Mueller district, convenience is at your doorstep. Enjoy easy access to downtown Austin's cultural hub and savor the eclectic dining scene that defines the city's charm.
Don't miss your chance to make this charming bungalow your own, where the details come together to create a unique blend of everyday comforts and investment potential.
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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 |
|---|---|---|---|
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Price Decreased |
$520,000
↓ $30K
(5.4%) | |
| Price Decreased | |||
| Jun 21, 2024 | Relisted | $549,500 | |
| Relisted | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017