3418 Mount Barker DR
About This Property
Whether it is the two large living rooms, the quaint sunroom overlooking the tranquil yard with tree-top views, the historic character, the beauty of the classic brick exterior, or the pool that looks as if it was carved into the hillside, this endearing home in the coveted Balcones Park neighborhood is sure to win your heart.
The next owner of 3418 Mount Barker Drive can move right in as is, make minimal updates, or choose to take on a more dramatic reenvisioning of the property. Whichever path you pursue, your home will always be situated on a stunning block where a canopy of historic live oaks surrounds you, where nightly strolls around "the loop" offer breathtaking Lake Austin views, where you feel tucked into nature, yet sit just minutes from all of the action in Austin. Situated at one of the highest points in the city - just 5 minutes from Mount Bonnell and 10 minutes to Downtown, 3418 Mount Barker is zoned for Highland Park Elementary, a National Blue Ribbon school.
Payment Calculator
Your Estimated Monthly Payment
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 12, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Price Decreased |
$1,325,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Jul 11, 2024 | Price Decreased |
$1,350,000
↓ $45K
(3.2%) | |
| Price Decreased | |||
| Jun 6, 2024 | Price Decreased |
$1,395,000
↓ $55K
(3.8%) | |
| Price Decreased | |||
| May 15, 2024 | Price Decreased |
$1,450,000
↓ $45K
(3%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017