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58 Fairview DR
About This Property
This John Siemering Custom Build ranch style home is country living outside city limits but close enough to all amenities. This well-kept four bedroom, two bath home is a great property for entertaining and wonderful for kids to run around and play on the fenced in ONE ACRE OF LAND with mature oaks and other trees, in a safe neighborhood with NO HOA/no restrictions. Fresh paint throughout the interior. The spacious open floor plan with travertine floors boasts a living area with stone gas fireplace and office with built in bookshelves and double doors ~ The floor plan has open living and dining area and ample living space ~ Large kitchen with island, featuring travertine backsplash, stainless steel appliances, cast iron sink, ample counter space, and lots of cabinets for storage for all your culinary essentials ~ Large windows provide views to the front, back, and side of the house and provide natural sunlight throughout. Private water well-head on-site is tapped into an aquifer that is shared within the neighborhood ~ Roof, windows, and HVAC are recent ~ oversized spacious garage is detached and connected with covered breezeway ~ covered gazebo patio, large pergola patio, front and back porch, and storage shed. The garage opens up to the backyard with a 2nd garage door. side access allows for vehicles to come in to backyard. Nearby is Old Settlers Park with beautiful trails and sport courts and playgrounds is just down the street, as is Meadow Lake Park ~ Situated in the desirable Round Rock area, it's a rare opportunity to own a home on a substantial piece of land yet still enjoy easy access to so many amenities, including good schools, beautiful parks, shopping, sports venues and more! ~ Just 20 minutes to Taylor and Austin, few minutes to Round Rock Historic District, 5 minutes to Dell Diamond, 5 minutes to Kalahari Resort.
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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 |
|---|---|---|---|
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Sep 1, 2024 | Price Decreased |
$619,000
↓ $30K
(4.6%) | |
| Price Decreased | |||
| Aug 4, 2024 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Jun 18, 2024 | Price Decreased |
$669,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Mar 4, 2024 | Listed by JBGoodwin REALTORS WC | $680,000 | |
| Listed by JBGoodwin REALTORS WC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017