5612 Malarkey RD
About This Property
As you step inside, you're greeted by updated vinyl plank flooring that flows seamlessly throughout the home, creating a modern and inviting atmosphere. The main level offers two dining areas, perfect for hosting gatherings or enjoying family meals.
The heart of the home is the kitchen, complete with appliances and plenty of cabinet space for all your culinary needs. Adjacent to the kitchen is a cozy living area, ideal for relaxing after a long day.
Upstairs, you'll find the spacious bedrooms, including the tranquil owner's suite featuring a private en-suite bath and generous closet space. Three additional bedrooms offer versatility for guests, home offices, or hobbies.
Outside, the property boasts a covered front porch, an open patio, and a large privacy-fenced backyard, providing the perfect setting for outdoor entertaining or simply enjoying the beautiful Texas weather.
Residents of this community also enjoy access to a sparkling community pool and playground, offering endless opportunities for recreation and relaxation.
Conveniently located just a short distance from Austin, this home offers the perfect blend of suburban tranquility and urban convenience.
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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 |
|---|---|---|---|
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Relisted | $290,000 | |
| Relisted | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by RPM Reliable Prop. Mgmt | $315,000 | |
| Listed by RPM Reliable Prop. Mgmt | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017