36
Map
4200 Edgemont DR
About This Property
Situated between Tarrytown and NW Hills neighborhoods, Balcones is known for its unique architecture and amazing central location! If you are an avid adventurer you will love being walking distance to one of Austin's favorite landmarks, Covert Park at Mt. Bonnell. This hilltop park is the highest point in the city and offers some of the most exceptional views of the city's rolling hills and skyline. Located just north is the home of the Scotties, the beloved Highland Park Elementary! HPE is known for being a National Blue Ribbon school and is one of the top-rated elementary schools in the city! You can also check out some of the neighborhood eateries, like Russell's Bakery and Chez Zee Bistro!
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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 |
|---|---|---|---|
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Price Decreased |
$1,575,000
↓ $100K
(6%) | |
| Price Decreased | |||
| Feb 13, 2025 | Price Decreased |
$1,675,000
↓ $70K
(4%) | |
| Price Decreased | |||
| Jan 24, 2025 | Price Decreased |
$1,745,000
↓ $50K
(2.8%) | |
| Price Decreased | |||
| Dec 14, 2024 | Listed by eXp Realty, LLC | $1,795,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017