3603 Mount Bonnell RD
About This Property
A stylish kitchen features sparkling quartzite countertops, custom limewashed oven vent hood, custom cabinetry with soft-close drawers, and all new stainless steel appliances. In a split floor plan, you have two bedrooms on the north wing of the house, including your primary suite and an additional guest bedroom with full bath. The elegant primary is complete with a new soaking tub, custom closet storage, bathroom tile, and your own private entrance into the middle courtyard. On the south wing of the house, you'll find an additional guest room with a shared full bath, and a fourth bedroom or flexible office space. The south east rooms have incredible views of the downtown skylines with access to the expansive wrap-around deck (also accessed from the kitchen and dining spaces). Outside, you'll be in an entertainer's dream with multiple spaces to enjoy your morning coffee, outdoor dining with friends, and grassy yard space for playing with your dogs. Dip into the pool with freshly updated decking and soak in the Texas summers while staying cool with your own private space. The attached two-car garage has been recently epoxied and painted.
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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 |
|---|---|---|---|
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Douglas Elliman Real Estate | $2,550,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jan 8, 2024 | Listed by Coldwell Banker Realty | $1,998,000 | |
| Listed by Coldwell Banker Realty | |||
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Amazing home on 1/3 acre flat lot with downtown Austin skyline view! Priced to sell and looking at all offers. Great bones and move-in ready but priced below lot value. Don't miss this opportunity in Casis district and walking distance to Westwood Country Club.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017