4712 Louis Ave
About This Property
Step inside to discover a harmonious fusion of refined details and luxurious amenities. Immaculately adorned with sand-finished hardwood floors and lofty 9-foot ceilings, the residence exudes an air of understated grandeur. The gourmet kitchen, a focal point of culinary delight, effortlessly flows into the spacious living area, complete with a stylish bar and island, ideal for hosting soirees and intimate gatherings. Boasting quartz countertops, a glass subway tile backsplash, and stainless steel appliances, the kitchen is a chef's dream, promising culinary excellence at every turn.
Outside, the allure continues with a sprawling backyard oasis, featuring an irrigation system and a charming deck, perfect for alfresco dining and summer barbecues, enveloped in lush greenery for utmost privacy and serenity.
Convenience is paramount with easy access to major thoroughfares such as 183 and the Airport, ensuring effortless connectivity to the wider Austin area. Moreover, a plethora of dining and coffee destinations await within close proximity, including the esteemed Collective at Springdale General, home to culinary gems such as Front Page, Uroku, and Mam Mam. For outdoor enthusiasts, nearby parks such as Boggy Creek offer scenic hiking trails, while Palomino Coffee beckons with its artisanal brews and inviting ambiance.
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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 6, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Price Decreased |
$645,000
↓ $80K
(11%) | |
| Price Decreased | |||
| Mar 6, 2024 | Listed by eXp Realty, LLC | $725,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017