438 Cedar Mountain DR
About This Property
Built with premium craftsmanship and thoughtful design, this property is a showcase of luxury, function, and timeless Hill Country style.
Exterior Features:
• White limestone exterior with Hardie board and batten siding
• Large driveway providing ample parking
• Double front iron doors creating a grand entrance
• Large Anderson 100 Series windows providing abundant natural light
• Covered west-facing back porch with beautiful Hill Country sunset views
• Attached 2-car garage
Interior Features:
• Quartz countertops throughout the home
• Oversized quartz kitchen island with built-in Blanco sink and wood trim
• Quartz backsplash paired with premium Cafe appliances
• Built-in double oven, 3-panel interior doors, and luxury wide plank flooring
• Electric fireplace as a warm and stylish centerpiece in the living area
• High ceilings throughout for a spacious, airy feel
• Spacious laundry room with electric washer/dryer connections, sink, cabinetry, and built-ins
• Custom mudroom with built-in storage
• Every finish in the home is high-end and thoughtfully selected
Owner's Suite:
• Tray ceiling and walk-in closet with built-ins
• Spa-inspired en-suite with double vanity and a large walk-in tiled shower featuring an ADA bench
Guest Bathroom:
• Full bath with double vanity and deep soaker tub
Additional Bedrooms:
• Each secondary bedroom includes a walk-in closet with custom built-ins
This home offers a rare combination of luxurious design, modern functionality, and private Hill Country living within a secure, gated neighborhood.
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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 |
|---|---|---|---|
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by eXp Realty, LLC | $849,000 | |
| Listed by eXp Realty, LLC | |||
| Mar 25, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 13, 2025 | Price Decreased |
$850,000
↓ $49K
(5.5%) | |
| Price Decreased | |||
| Dec 10, 2024 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017