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3608 Rip Ford DR
About This Property
Inside, the home features three spacious bedrooms, two full bathrooms, and a dedicated office ideal for remote work or artistic endeavors. The living and dining areas are warm and inviting, with a fireplace in the dining room and a passthrough wet bar connecting the kitchen to the living area-perfect for entertaining or your morning coffee setup. The kitchen includes stainless steel appliances, granite counters, a wood island, and a sunny breakfast nook-ideal for curling up with a book and coffee while looking out into the trees.
The primary suite is a peaceful retreat with a wall of windows that bring the outdoors in. The ensuite bath features a dual vanity, soaking tub, separate shower, and walk-in closet. Two additional bedrooms share a full bath with a tub/shower combo.
Fresh interior paint and no carpet throughout the home make for a clean, move-in ready feel. Major updates include a new roof and chimney in Dec. 2024 & a new hot water heater installed in 2022.
Step outside to a generous deck overlooking the lush greenbelt and enjoy a large fenced yard-ideal for dining al fresco, relaxing in the shade, or letting pets roam. A two-car garage and thoughtful updates throughout add to the home's everyday functionality & charm.
Residents of Steiner Ranch enjoy premier amenities, including multiple pools, tennis courts, playgrounds, and the private Lake Club on Lake Austin. With its unbeatable location, natural setting, and inviting interior, this home offers the very best of Hill Country living in one of Austin's most desirable communities.
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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 |
|---|---|---|---|
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Coldwell Banker Realty | $524,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017