3703 Lakeway BLVD
About This Property
Enjoy amazing views and sunsets from the oversized back deck with a cedar pergola, perfect for outdoor entertaining. Solar-powered SunSetter shades provide added comfort in the dining, living, and primary bedroom spaces. The backyard is fully fenced with wrought iron, allowing you to enjoy the Hill Country scenery while maintaining a defined outdoor space.
Located in an unbeatable spot, a walking path right outside the front door connects you to Dragon Park, the Lakeway Swim Center, Serene Hills Elementary, and multiple hiking trails. This home blends modern updates with a fantastic location.
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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 |
|---|---|---|---|
| Mar 7, 2025 | Price Decreased |
$719,000
↓ $30K
(4%) | |
| Price Decreased | |||
| Feb 21, 2025 | Listed by Moreland Properties | $749,000 | |
| Listed by Moreland Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017