3009 Speedway #3
About This Property
The manager has listed the unit size as 513 square feet.
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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 |
|---|---|---|---|
| May 9, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed | $279,900 | |
| Listed | |||
| |||
|
Leased through July 31, 2027 at $1,500 per month, this well-appointed one bedroom, one bathroom condo offers a prime investment opportunity just steps from the UT campus. The unit features upgraded finishes throughout, including hardwood flooring, stainless steel appliances, and granite countertops, along with abundant natural light that enhances the open and inviting feel. Unique dual entry access provides added convenience, with a front entrance for easy walkability and a rear door that allows direct access from the parking area. Additional highlights include an in-unit washer and dryer and one covered, reserved parking space, making this property both comfortable and highly functional in an unbeatable location.
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| Aug 22, 2022 | No longer available | - | |
| No longer available | |||
| Jul 8, 2022 | Listed | $265,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/13/2026
|
1 Bed
|
1 Bath
|
513 ft²
|
$269,900
1 Bed
1 Bath
513 ft²
|
$240,000
-11.08%
08/04/2026
|
Charles Canales
RUTLEDGE REAL ESTATE LLC
| |
|
04/03/2026
|
1 Bed
|
1 Bath
|
513 ft²
|
$279,900
1 Bed
1 Bath
513 ft²
|
$279,900
04/03/2026
|
Chesney Coker
Tower Realty
| |
|
05/11/2024
|
1 Bed
|
1 Bath
|
513 ft²
|
$270,000
1 Bed
1 Bath
513 ft²
|
$270,000
05/11/2024
|
Nathan Napolitano
Austin City Realty Sales
| |
|
07/08/2022
|
1 Bed
|
1 Bath
|
513 ft²
|
$265,000
1 Bed
1 Bath
513 ft²
|
-
-
|
Samantha Rosenberg
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017