5205 McDade DR
About This Property
Enjoy the convenience of living just steps away from the Barton Creek Greenbelt trailhead, ideal for outdoor enthusiasts and nature lovers. Nearby, the Hilltop Pool, community playground, tennis, and basketball courts offer additional recreation options within walking distance.
Located in the coveted Austin High School public district, and within close proximity to esteemed private schools such as Regents and St. Andrews, this home ensures access to top-tier educational opportunities for your family. Recent updates to this home include a new dishwasher, microwave, water heater, HVAC system, garbage disposal, bathroom floors, garage door opener, and carpet. Plus, the refrigerator, washer & dryer, and shed are included, ready for your immediate use.
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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 |
|---|---|---|---|
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by Keller Williams Realty | $775,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017