4515 Sidereal DR
About This Property
The home has an easy flowing and flexible floor plan with two distinct living areas, plus an upstairs loft that overlooks the front living room. You'll love the artisan details and special touches like shiplap accent walls, banquette seating, board and batten shutters, vaulted ceilings, barn door cabinets, colorful tile, fireplace, wet bar, and exposed wood timbers.
The home's backyard is perfect for entertaining or splashing your way through Austin's hot summer days. Just open the sliding glass doors in the secondary living room, and you'll find yourself on a large, covered back patio with expansive view of the pool and backyard. Featuring two ceiling fans and discreet curtains, you can enjoy being outside while being shielded from the elements. In addition to the large, in-ground heated pool with spa, the backyard includes a green lawn and dynamic planting areas for flexing your green thumb.
This artistic home is ideally located with easy access to Mopac, the Apple campus, nearby restaurants and shopping, the 40 acre Yett Creek Neighborhood Park, Balcones District park, the Milwood Branch of the Austin Public Library, and Metro Rail Park and Ride. Close by is Walnut Creek Metropolitan Park, featuring several lengthy walking and biking trails, sports courts, splash pads, playgrounds, and more. The nearby Domain is sure to keep you entertained, with 100+ stores and restaurants in a gorgeous, open-air mall.
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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 |
|---|---|---|---|
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Compass RE Texas, LLC | $499,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017