302 Linden ST
About This Property
Upon arrival, you'll be greeted by the allure of two wonderful covered outdoor patios, ideal for lounging and entertaining guests. Step inside to discover a spacious open living area seamlessly connected to the kitchen and dining space. The soaring ceilings in the living room create an airy atmosphere, while large windows invite abundant natural light to illuminate the interior. The kitchen features high-end stainless steel appliances including double oven gas range with self-cleaning convection, shaker style cabinetry, quartz countertops and detailed tile backsplash.
Both ensuite bedrooms are located upstairs providing ultimate comfort and convenience. Step outside onto the upstairs deck to enjoy peaceful moments amidst the beautiful canopy of trees, providing plenty of shade and serenity.
Outside, a screened-in back porch is perfect for additional living space, as well as a tall private fully fenced yard awaits, perfect for pets or enjoying al fresco dining in a secluded setting.
Those who crave the vibrancy of East Austin living will quickly find the allure of 302 Linden, Within walking distance, you'll find an array of popular and highly-rated local eateries and entertainment venues such as Kemuri Tatsu-Ya, Lustre Pearl, and la Barbeque. Just blocks away lies the renowned Lady Bird Lake Hike & Bike Trail, offering endless opportunities for outdoor recreation and exploration.
Moreover, the home's proximity to Downtown Austin (a mere 3 miles away) and the Rainey Street entertainment district (just 2 miles away) ensures easy access to the city's eclectic dining, shopping, and cultural attractions.
This East Austin gem offers the perfect combination of modern comfort, outdoor living, and unbeatable location!
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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 16, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Price Decreased |
$629,000
↓ $30K
(4.6%) | |
| Price Decreased | |||
| Apr 30, 2024 | Price Decreased |
$659,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Mar 27, 2024 | Listed by KW-Austin Portfolio Real Estate | $689,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017