401 Bella Montagna Circle
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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%.
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Keller Williams Realty | $1,795,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to an extraordinary Italian-style villa located just 30 minutes from downtown Austin and minutes from Lake Travis. This luxurious single-story home spans 4,800 square feet and is perfectly nestled on a sprawling 1.2-acre lot. The villa boasts 5 generously sized bedrooms and 4 full and 2 half bathrooms, featuring a thoughtful mother-in-law floor plan for added privacy and convenience. Enjoy multiple living areas, including a family room, game room, formal living area, and a media room, perfect for entertaining and relaxation.
The chef’s kitchen is a culinary dream, equipped with three copper sinks, a butler’s pantry, a wet bar, and a walk-in pantry, ensuring functionality. Additional amenities include a wine closet for your collection, beautiful hardwood floors, elegant travertine tiles that add to the home's opulence, a water softener for the whole house, and a water purifier system in the kitchen and butler’s pantry.
The backyard is particularly impressive, providing a perfect space for outdoor entertainment. Experience outdoor living at its finest with covered front and back porches and an incredible pool area featuring a large pool, hot tub, and a large cabana with a grilling area, plenty of covered space, and a fireplace. There is an attached storage area referred to as the “Garden Room” in the backyard with double doors, windows, and a ramp to the backyard that can be used for lawn equipment storage, etc. In addition, there is a huge flat lawn ideal for recreation and gatherings.
Situated on a corner lot, the property is adjacent to a greenbelt area on two sides, enhancing its privacy and natural beauty. Located in the highly regarded Lake Travis High School district, this stunning villa seamlessly combines classic Italian architectural elements with modern amenities, creating a warm and inviting atmosphere. Don’t miss the opportunity to own this exquisite property in one of Austin’s most sought-after locations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017