5201 Cedro Elm DR
About This Property
The home's expansive design features soaring two-story ceilings in the dining and family, creating a majestic ambiance flooded with natural light. A striking two-story stone fireplace commands attention as the centerpiece of the grand living space, complemented by elegant wood flooring that enhances the home's allure.
Prepare meals with ease in the gourmet kitchen, complete with a generous island, sleek built-in stainless steel appliances, convenient pot and pan drawers under the cooktop and a butler's pantry that serves as an ideal extension to the adjacent dining room.
Luxuriate in the primary suite, boasting not one, but two closets with direct access to the laundry room-an amenity that elevates daily convenience to a new standard. Need a dedicated workspace? The spacious office provides ample room for productivity, doubling as a homework hub or craft area.
Outdoors, enjoy the expansive flat driveway, perfect for basketball games or outdoor activities. The generous side and back yards, securely fenced, offer abundant space for gatherings.
Storage abounds throughout the home, from the practical mudroom drop zone to the numerous walk-in closets, ensuring there's always ample room for organization. Plus, a full sprinkler system adds effortless maintenance to this meticulously cared-for property.
Terra Colinas offers a community center complete with pool and park, which is rare for Bee Cave communities. Don't miss the opportunity to make this exceptional residence your new home, where luxury, comfort & convenience converge seamlessly.
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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 |
|---|---|---|---|
| Dec 12, 2024 | Relisted | $849,000 | |
| Relisted | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$874,000
↓ $26K
(2.9%) | |
| Price Decreased | |||
| Aug 20, 2024 | Price Decreased |
$899,990
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Jul 26, 2024 | Price Decreased |
$924,990
↓ $25K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017