8
Map
3406 Menchaca RD #21
About This Property
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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, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$615,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$625,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by Compass RE Texas, LLC | $629,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/18/2026
|
2 Bed
|
2 Bath
|
1415 ft²
|
$525,000
2 Bed
2 Bath
1415 ft²
|
$515,000
-1.90%
03/18/2026
|
Jacob Youngblood
Youngblood Real Estate Group
| |
|
07/10/2025
|
2 Bed
|
2 Bath
|
1712 ft²
|
$639,000
2 Bed
2 Bath
1712 ft²
|
$639,000
07/10/2025
|
David Rowe
All City Real Estate
| |
|
04/03/2025
|
2 Bed
|
2 Bath
|
1447 ft²
|
$600,000
2 Bed
2 Bath
1447 ft²
|
$545,000
-9.17%
04/03/2025
|
Scott McCord
Compass RE Texas, LLC
| |
|
01/17/2025
|
2 Bed
|
2 Bath
|
1586 ft²
|
$650,000
2 Bed
2 Bath
1586 ft²
|
$639,500
-1.62%
01/17/2025
|
Todd Bailey
Realty Austin - Headquarters
| |
|
08/09/2024
|
2 Bed
|
2 Bath
|
1622 ft²
|
$685,000
2 Bed
2 Bath
1622 ft²
|
$650,000
-5.11%
08/09/2024
|
Christina Alvarado
eXp Realty
| |
|
04/25/2024
|
2 Bed
|
3 Bath
|
1491 ft²
|
$639,900
2 Bed
3 Bath
1491 ft²
|
$639,900
04/25/2024
|
DeAnne Killmer
Legacy Austin Realty
| |
|
12/22/2020
|
2 Bed
|
3 Bath
|
1586 ft²
|
$490,000
2 Bed
3 Bath
1586 ft²
|
-
-
|
Gary Gentry
Keller Williams - Austin SW
| |
|
08/14/2020
|
2 Bed
|
3 Bath
|
1373 ft²
|
$439,000
2 Bed
3 Bath
1373 ft²
|
-
-
|
Jessica Kelly Bruehl
Keller Williams - Austin SW
| |
|
04/07/2020
|
2 Bed
|
3 Bath
|
1373 ft²
|
$439,000
2 Bed
3 Bath
1373 ft²
|
-
-
|
Alex McCormick
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017