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319 S TRAVIS --
About This Property
Welcome to this inviting 3-bedroom, 2.5-bath home featuring excellent curb appeal, fresh exterior paint, new carpet throughout, and a new HVAC system installed in 2023. The spacious living room flows seamlessly into the kitchen, where a center island provides additional workspace and a natural gathering place. All bedrooms are conveniently located upstairs, including two secondary bedrooms connected by a Jack-and-Jill bathroom. Enjoy a well-maintained community with a pool, greenbelts, a dog park, and a children's playground. Ideally located near Loop 202 and US 60, this home offers comfortable living, desirable amenities, and convenient access to shopping, dining, and everyday necessities.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017