3813 Cologne LN
About This Property
Upstairs, you'll find two additional bedrooms, a full bath, and a versatile office/game room currently used as a guest room. Recent upgrades include a new roof and solar panels, significantly reducing monthly utility bills.
The backyard is designed for entertaining, complete with a large deck perfect for gatherings. The location is prime:
3 min. walk to Summit Elementary
3 min. drive to Pearce Fields
8 min. walk to Balcones District Park, featuring walking trails, a pool, basketball courts, and more
8 min. drive to The Domain for shopping, movies, dining, and groceries.
This home offers the perfect blend of convenience, style, and energy efficiency. Don't miss out-schedule a viewing today!
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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 |
|---|---|---|---|
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Price Decreased |
$515,000
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by KW-Austin Portfolio Real Estate | $545,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017