3123 Edgewater DR
About This Property
Step inside to discover a walk-in butler's pantry, built-in filing furniture, and a water filtration system throughout the home. The master bedroom features a modern bath and built-ins for added convenience. With 1000 sqft of outdoor living space, including a modern storage shed, this home is perfect for entertaining guests or simply enjoying the peaceful surroundings.
For those who love boating, there is ample space to park your boat and a boat ramp just down the street. Located only 20 minutes from Austin, this perfectly appointed home provides easy access to all the activities of lake living. Don't miss out on the opportunity to make this your own private oasis on the lake! Home is in voluntary HOA. Annual HOA membership gains access to park and amenities across the street.
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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 |
|---|---|---|---|
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Jul 7, 2024 | Price Decreased |
$1,199,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| Jun 6, 2024 | Listed by van Heuven Properties | $1,299,000 | |
| Listed by van Heuven Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017