38
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513 Shant ST
About This Property
The kitchen features granite countertops, stainless steel appliances, a gas range, stylish tile backsplash, and a pantry closet for added storage. Additional features include a tankless water heater and a functional layout with plenty of natural light.
Outside, enjoy a private backyard with a covered patio, perfect for relaxing or entertaining. A nearby park adds to the neighborhood appeal, while shopping, restaurants, grocery stores, public transit, and Southpark Meadows are all just minutes away. A great opportunity to enjoy a well-maintained home in a convenient South Austin location.
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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 |
|---|---|---|---|
| Oct 16, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Listed by Spyglass Realty | $345,000 | |
| Listed by Spyglass Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017