15
Map
416 Kemp ST
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Compass RE Texas, LLC | $425,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 21, 2026 | Listed by Compass RE Texas, LLC | $599,000 | |
| Listed by Compass RE Texas, LLC | |||
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Prime development opportunity on in-demand Kemp Street! This uniquely private half-acre lot, hidden from the street by a L-shaped driveway, is 400 yards from the Colorado River, half a mile from Secret Beach, contiguous with Guerrero Park, and has magnificent views of downtown and the Capitol. Surrounded by high-end new construction and redevelopment, the property boasts easy access to the East Side, Central Austin, the Hike and Bike Trail, the airport, and the East Riverside Corridor. An environmental learning center, a BMX bike trail, and a seasonal creek lie just below the building site. Feel like you're living in the country but with the convenience of a location in the urban core. Suitable for a custom dream house or multi-unit project (buyer to verify zoning and uses). For more info, go to: https://wkf.ms/4pFxm7y
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017