415 Indian Meadow DR
About This Property
As you step inside, you are welcomed by new paint and beautiful vinyl plank flooring throughout, creating a seamless flow from room to room. The large dining room greets you when you walk in, followed by the spacious kitchen. Complete with a reverse osmosis system, pantry, and stainless-steel appliances, this kitchen is in the heart of the home and open to both the dining room and living rooms. For even more space, it is possible to remove the pantry wall to open the space even more! This floor plan offers the guest bedrooms away from the primary, adding privacy to any lifestyle. The guest bathroom has been remodeled with a walk-in shower, updated sink, and fixtures. You will notice the fabulous barn door that opens into the spacious laundry room, adding to the comfort and functionality of the space. As you walk into the living room, you will notice there are a few ways to arrange your furniture, which would be perfect for any design style. The oversized primary bedroom is complete with an ensuite bathroom, dual sinks, and a walk-in closet. Outside in the backyard, you will find it has plenty of space for a deck, garden, pool, etc. The possibilities are endless! The two-car garage offers ample parking, storage space, and a whole-home water softener. This neighborhood features a park and close proximity to SH-130, IH-35, Southwestern University, and downtown Georgetown.
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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 28, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Compass RE Texas, LLC | $310,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 10, 2024 | Delisted | - | |
| Delisted | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Price Decreased |
$310,000
↓ $8K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017