4800 Amarra DR
About This Property
Originally the model for luxury home builder Heyl Homes, this estate features high-end custom finishes, including grain-matched walnut cabinetry, hand-finished hardwood floors, elevated stonework and the single-story home features soaring ceilings in the great room, with walls of windows bracketing the space and filling it with warm light and green views during the day and spectacular sunsets at sundown. Wood trusses and native Texas limestone bring organic elements to the room. The sleek kitchen is outfitted with gourmet subzero appliances and enjoys a view out over the landscape as well. A second living area opens to the summer kitchen and pool, allowing an unimpeded flow from indoors out.
Set privately behind a separate hallway, the primary suite opens to the pool and terrace from the opposite side of the outdoor living space and overlooking the spectacular Hill Country views. A marble-clad bath with soaking tub and two walk-in closets makes getting ready in the morning a joy. This wing also features a massive, dedicated office plus en-suite bedroom that offers flexibility as a guest room, second office space or even a workout room. Two additional en-suite bedrooms lie on the opposite wing, allowing some quiet and privacy for all family members. Additional luxuries include a three-car, epoxy-floored garage, large laundry room, ample storage and in-home cocktail bar for entertaining family and friends.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Relisted | $5,395,000 | |
| Relisted | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by The Agency Austin | $5,395,000 | |
| Listed by The Agency Austin | |||
| Jan 30, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017