5728 Montrelia DR
About This Property
Beautiful 4 bed, 2 bath, single-story home just 20 minutes from Downtown Austin! The open concept floor plan is filled with ample natural light creating a welcome atmosphere. The versatile flex room off of the entry is perfect for a game room, formal dining room, or home office ~ the possibilities are endless. The large kitchen features granite countertops, a breakfast bar, walk-in pantry and ample storage space. Retreat to the primary suite boasting high ceilings, walk-in closet, and en-suite with a walk-in shower. Outside you'll enjoy the easy to maintain yard which is great for family get togethers and a playscape for your kids. Conveniently located near the Tesla Gigafactory, Austin Bergstrom International Airport, Circuit of the Americas, Oracle, shopping, dining, and more! This home provides both comfort and accessibility. Plus 1.6% tax rate! Schedule a showing today!
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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 5, 2024 | Price Decreased |
$335,000
↓ $20K
(5.6%) | |
| Price Decreased | |||
| Oct 25, 2024 | Price Decreased |
$355,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Sep 27, 2024 | Listed by Compass RE Texas, LLC | $365,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017