512 South Park DR
About This Property
appliances, custom cabinetry, and a large island that serves as a focal point for gatherings. The sunken living room provides a cozy yet sophisticated space, while an additional living area
upstairs offers versatile space for a media room, playroom, or second lounge. The home also includes a mudroom for added convenience. The side-entry 2-car garage is convenient and features custom storage solutions to keep everything organized. One of the most remarkable aspects of this home is the breathtaking views of downtown Austin, visible from every room. Whether enjoying a morning coffee on the balcony or hosting a dinner
party, the city skyline provides a stunning backdrop that enhances the home's appeal. Experience the perfect combination of modern elegance and practical design in this exceptional
78704 residence.
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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 30, 2024 | Delisted | - | |
| Delisted | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by KW-Austin Portfolio Real Estate | $2,775,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
| Jun 27, 2022 | No longer available | - | |
| No longer available | |||
| Apr 1, 2022 | Listed by Keller Williams - Austin NW | $2,350,000 | |
| Listed by Keller Williams - Austin NW | |||
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Gorgeous modern home in 78704. Perfectly designed to create private indoor/outdoor living with pool and outdoor kitchen. Beautiful details throughout, 4 bed/3.5 bath, chef's kitchen, sunken living room, additional living area upstairs, Murphy bed to create flexible guest bedroom/office, side entry 2 car garage with custom storage. Views of downtown from every room in this home! The manager has listed the unit size as 2935 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017