3228 Silkgrass BND
About This Property
Cherry Creek off Brodie has a single entrance which eliminates through traffic and creates a safe community of intentional traffic only. Its buffered on all four sides by green space with a beltway on the north and south sides and a park near the entrance to the neighborhood on the west and a larger park on the east side of the community in the back. Enjoy living in one of the most special neighborhoods in South Austin!
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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 |
|---|---|---|---|
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Compass RE Texas, LLC | $498,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017