4417 Jessamine HOLW
About This Property
One of the standout features of this development opportunity is its enviable location. Northwest Hills is renowned for its tranquil ambiance, offering a respite from the hustle and bustle of the city while maintaining easy access to its conveniences. Residents of this area relish the balance between suburban tranquility and urban accessibility. The proximity to major thoroughfares ensures seamless connectivity to downtown and other key parts of the city. From acclaimed schools to serene parks, hiking trails, and shopping centers, the neighborhood offers an array of experiences to suit a diverse range of lifestyles. Sold as-is.Opportunity to renovate or tear down and rebuild. No survey available. Buyer to verify all info sqft, land, etc.
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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 |
|---|---|---|---|
| Aug 15, 2023 | Listed by The Agency Austin | $499,000 | |
| Listed by The Agency Austin | |||
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About Northwest Hills - Far West
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Listed Office: The Agency Austin - Listing courtesy of Unlock MLS
Phone: (512) 923-1545
Last Updated: 2024-02-16 18:15:11
Data Source: Unlock MLS, MLS# ACT5000186
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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