604 Highcrest Drive #721
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 14, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | Listed by Keller Williams Lake Travis | $439,900 | |
| Listed by Keller Williams Lake Travis | |||
| | |||
|
This FULLY FURNISHED, UPDATED 2nd floor condo overlooks the Tropical Hideaway Lake LBJ beach area and pool. A RING doorbell is at the front door. Waterproof, wood-look vinyl plank flooring has recently been installed. Primary bath has an updated and roomy shower. Kitchen features: granite counters, double oven, microwave, refrigerator, wine frig and filtered drinking water faucet. Living room has an electric fireplace built into the media cabinet. The 8'x15' covered patio has been enclosed to maximize the heated, cooled space. With its sliding windows and interior doors, the 120' patio can also be used as an open air or screened patio. Tropical Hideaway has 2 pools, tennis and pickle ball court, day dock for boat and jet skis, fishing pier, sandy beach, playground, and a grilling and picnic area. Condo has 1 covered parking space and parking area for boats and trailers. Short-term rentals ARE allowed. These condos don't come on the market very often, so don't miss this opportunity!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2026
|
1 Bed
|
1 Bath
|
957 ft²
|
$275,000
1 Bed
1 Bath
957 ft²
|
$275,000
04/10/2026
|
Carol Hardy
Horseshoe Bay ONE Realty
| |
|
02/06/2026
|
2 Bed
|
2 Bath
|
1230 ft²
|
$379,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Courage Criddle
Kuper Sotheby's Int'l Realty
| |
|
02/06/2026
|
2 Bed
|
2 Bath
|
1230 ft²
|
$379,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Courage Criddle
Kuper Sotheby's Int'l Realty
| |
|
07/11/2025
|
2 Bed
|
2 Bath
|
1230 ft²
|
$394,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Gayle Loyd
The Property Team
| |
|
03/01/2025
|
2 Bed
|
2 Bath
|
1230 ft²
|
$399,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Tess Henry
Keller Williams - Lake Travis
| |
|
02/04/2024
|
1 Bed
|
1 Bath
|
957 ft²
|
$230,000
1 Bed
1 Bath
957 ft²
|
$199,000
-13.48%
02/04/2024
|
Charla Cormier
eXp Realty
| |
|
02/03/2024
| |
1 Bed
|
1 Bath
|
957 ft²
|
$230,000
1 Bed
1 Bath
957 ft²
|
-
-
|
Charla Cormier
eXp Realty
|
|
12/07/2023
|
1 Bed
|
1 Bath
|
957 ft²
|
$310,000
1 Bed
1 Bath
957 ft²
|
-
-
|
Carol Hardy
Horseshoe Bay ONE Realty
| |
|
10/13/2023
|
1 Bed
|
1 Bath
|
957 ft²
|
$250,000
1 Bed
1 Bath
957 ft²
|
$250,000
10/13/2023
|
Gary Bisha
My Castle Realty Inc.
| |
|
09/19/2023
|
2 Bed
|
2 Bath
|
1230 ft²
|
$415,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Tess Henry
Keller Williams - Lake Travis
| |
|
07/22/2023
|
2 Bed
|
2 Bath
|
1232 ft²
|
$419,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Ronald Miranda
Doyen Realty
| |
|
01/11/2023
|
2 Bed
|
-
|
1230 ft²
|
$439,900
2 Bed
-
1230 ft²
|
$427,500
-2.82%
03/14/2023
|
Georganna Zaba
Keller Williams Realty - Lake Travis
| |
|
04/04/2022
|
1 Bed
|
1 Bath
|
448 ft²
|
$149,000
1 Bed
1 Bath
448 ft²
|
-
-
|
Bryan Swan
Keller Williams - Lake Travis
| |
|
07/20/2005
| |
Loft
|
-
|
-
|
$1,500,000
Loft
-
|
$1,200,000
-20.00%
02/09/2006
|
Bruce Mays
Keller Williams City-View
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017