50305 Raindance DR
About This Property
Step inside to discover a beautifully updated kitchen and bathrooms, remodeled in 2015 to blend modern convenience with timeless style. The home features all hard flooring, with elegant tile and laminate throughout, ensuring easy maintenance and a clean, sleek look.
Constructed with three sides of masonry, this home is built to last. Enjoy outdoor living at its finest with a covered back patio perfect for entertaining, a privacy fence for peace and seclusion, and mature trees that provide natural beauty and shade. The property is also equipped with gutters for effective rainwater management.
Recent updates include a new water heater in 2024, windows replaced in 2015, and a new HVAC system installed in 2020, ensuring comfort and efficiency for years to come.
Located just 3 miles from downtown Georgetown, TX, and close to the toll road, this home offers the best of both worlds: country living near town. Don't miss your chance to own this gem!
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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 2, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Relisted | $385,500 | |
| Relisted | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Amazing Realty LLC | $385,500 | |
| Listed by Amazing Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017