3811 Brookview RD
About This Property
Step inside to find an expansive kitchen designed for the home chef, boasting two huge islands perfect for cooking and entertaining. The large open-concept floor plan seamlessly connects multiple living areas, creating a spacious and inviting atmosphere for gatherings with family and friends. Situated on a generous quarter-acre lot, the outdoor space is equally impressive, featuring a built-in covered patio, a barbecue grilling area, and a built-in fire pit, making it an ideal spot for outdoor living and entertaining.
The Cherrywood neighborhood offers a charming community feel with the convenience of being centrally located in Austin, providing easy access to downtown, local parks, and a variety of shopping, dining, and entertainment options. Don't miss the opportunity to make this your new home.
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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 |
|---|---|---|---|
| Jul 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 7, 2024 | Relisted | $1,150,000 | |
| Relisted | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Sierra Commercial, LLC | $1,150,000 | |
| Listed by Sierra Commercial, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017