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5702 Cherry Creek DR
About This Property
Situated on a large corner lot, this homes backs to the neighborhood community garden, giving you added privacy and a peaceful view with no back neighbors. Both the front and back yards are fully fenced, offering plenty of space for pets, kids or outdoor living. Inside, the home features a spacious sunken living room with a central brick fireplace and timelessly updated kitchen. An oversized half bath downstairs offers flexibility to move the washer/dryer inside or add a built-in mudroom.
All four bedrooms are located upstairs including a comfortable primary suite. This home has been thoughtfully updated and is move-in ready! A solid South Austin fine with location, space, and privacy.
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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 |
|---|---|---|---|
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Price Decreased |
$784,900
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Apr 19, 2025 | Relisted | $799,900 | |
| Relisted | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed by eXp Realty, LLC | $799,900 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017