547 Demarett DR #2
About This Property
The manager has listed the unit size as 1809 square feet.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Jan 18, 2020 | No longer available | - | |
| No longer available | |||
| Jan 10, 2020 | Listed | $184,550 | |
| Listed | |||
| | |||
|
Awesome location and lots of Community extras. 3/3 - Seller will allow a $10k update concession. Located in Point Venture - access to Lake Travis, Restaurant with Bar and the Community Pool. Use this property as a weekend getaway, Allowed for Short/Longterm rentals. Furniture is negotiable. The manager has listed the unit size as 1809 square feet.
| |||
| Oct 3, 2019 | Price Decreased |
$194,500
↓ $3K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/10/2020
|
3 Bed
|
3 Bath
|
1809 ft²
|
$184,550
3 Bed
3 Bath
1809 ft²
|
-
-
|
Steve M Mallett
Keller Williams - Austin SW
| |
|
06/02/2019
|
3 Bed
|
3 Bath
|
1809 ft²
|
$215,000
3 Bed
3 Bath
1809 ft²
|
-
-
|
Gary Steele
Keller Williams - Austin SW
| |
|
07/09/2017
| |
3 Bed
|
3 Bath
|
1809 ft²
|
-
3 Bed
3 Bath
1809 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017