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5836 Novaro PL
About This Property
Recent improvements give the home a like-new appeal while maintaining the durability and build quality buyers rarely find in today's new construction. The spacious kitchen features granite countertops, abundant cabinetry, and a functional layout that opens seamlessly to the living and dining areas. The primary suite sits privately at the back of the home and includes a walk-in closet, dual vanities, and a separate shower. Secondary bedrooms are generously sized and flexible for guests, work-from-home needs, or hobbies.
A covered back patio overlooks a low-maintenance yard that's ideal for relaxing outdoors without added upkeep. Additional features include a two-car garage, full sprinkler system, and energy-efficient construction.
Residents of Siena enjoy neighborhood pools, parks, playgrounds, sports courts, and miles of walking trails. The location provides quick access to IH-35, Toll 45, and Highway 130, putting major employers like Dell, Samsung, and Tesla within easy reach along with nearby shopping, dining, and top-rated schools.
This property blends updated finishes, a modern open layout, and the reliability of established construction, creating a stronger value than many new builds in the Round Rock and Siena market.
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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 |
|---|---|---|---|
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Decreased |
$360,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jan 20, 2026 | Price Decreased |
$365,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
| Nov 18, 2025 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Nov 15, 2025 | Price Decreased |
$374,900
↓ $100
(0%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017