4501 Clarno DR
About This Property
The entire house is bathed in abundant natural light, creating a warm and inviting atmosphere. The recently renovated kitchen boasts fresh cabinets, paint, and trim, while the stainless steel appliances add a touch of style. The primary bedroom is a spacious haven, and the private outdoor space is great for unwinding. Outside, the backyard is a gem with a gorgeous gingko tree that blooms with stunning yellow flowers. The deck is just waiting for your next BBQ.
Nature lovers will be thrilled with the nearby Violet Crown Trail, connecting to the Barton Creek Greenbelt, and the Veloway for outdoor fun. The trail also leads to Dick Nichols Park, offering a playground, pool, and pickleball courts. And if you're into exploring caves, you're in luck - there are two caves nearby!
This is your chance to make 4501 Clarno Drive your new home sweet home! Don't miss out on this perfect blend of comfort and convenience.
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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 |
|---|---|---|---|
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Austin
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Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-07-18 18:41:10
Data Source: Unlock MLS, MLS# ACT9193996
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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