320 Heritage DR
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by NestHaven Properties | $975,000 | |
| Listed by NestHaven Properties | |||
| Nov 17, 2023 | No longer available | - | |
| No longer available | |||
| Sep 9, 2023 | Price Decreased |
$985,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Aug 4, 2023 | Listed by Keller Williams Realty International | $995,000 | |
| Listed by Keller Williams Realty International | |||
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Welcome home to 320 Heritage Drive! This single-story custom home has many interior updates throughout, and is tucked away at the end of the street on a gorgeous and private 1.175 acre cul-de-sac lot. This tree covered property offers a true backyard oasis with a new custom pool, spa, party pavilion with large outdoor kitchen and bar seating. Relax and admire the hill country views and sunsets from the upper covered back deck overlooking the pool and backyard. The 4 bedroom (or 3 bedrooms, plus an office with a Murphy bed), 2.5 bathroom, 2,761 sqft home offers open-concept living, a formal dining or sitting room, and a stunning main living featuring 20ft ceilings and floor to ceiling windows that flood the home with natural light! The focal point of the main living is the beautiful stone fireplace with surrounding built-ins. Other interior features include new LVP flooring throughout (no carpet), new interior paint, spacious laundry/mudroom with built-in drop zone, high ceilings, and large secondary bedrooms with walk-in closets. Massive and private owner's suite with a recently remodeled ensuite bathroom with high-end finishes, dual vanities, modern freestanding tub, huge walk-in shower w/ glass surround, and a walk-in closet fit for royalty. Open kitchen with custom cabinetry, walk-in pantry, and an inviting breakfast area with bay windows. 4 car garage, one attached and one detached. No HOA, horses allowed, and STR rentals allowed! Low taxes! Amazing location with an easy commute into both downtown Austin and historic Mercer street in Dripping Springs! Just down the street from the brand new HEB, and Belterra Village that offers shopping, dining, and entertainment. DSISD schools! Buyer to independently verify all listing information. The manager has listed the unit size as 2761 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017