607 Terrell Hill DR #B
About This Property
Designed by architect Thomas Tornbjerg and expertly built by Parkside Homes, this stunning residence blends modern sophistication with thoughtful functionality. Soaring 22-foot ceilings with exposed trusses and skylights in the kitchen and dining area, oversized floor-to-ceiling windows, and an open-concept layout allow natural light to fill every corner of this beautifully designed home.
The main level features stained, etched concrete floors, adding a sleek yet inviting touch, while rich wood floors upstairs enhance warmth and character. The kitchen showcases quartz countertops, custom soft-close cabinetry, and premium finishes, including a Frigidaire side-by-side industrial grade refrigerator, gas oven and cooktop and built-in pre-wiring for surround sound-creating a space that is both stylish and high-performing. Smart home features, including a Nest system, ensure comfort and efficiency year-round. Each bedroom is thoughtfully designed with Alpha custom closets, providing ample storage and a sleek, modern touch throughout the home.
Step outside to your private backyard oasis, where an automatic screened-in porch and louvered pergola with a built in gutter system, lush turf, and curated greenery offer the perfect setting for entertaining or unwinding in style. Located just minutes from Downtown Austin, this home provides unparalleled access to the city's top restaurants, shopping, and entertainment, allowing you to enjoy a vibrant urban lifestyle while still having a peaceful retreat to call home.
With its contemporary European-inspired design, premium finishes, and seamless indoor-outdoor flow, this home is a rare combination of luxury, comfort, and practicality.
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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 |
|---|---|---|---|
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$1,050,000
↓ $55K
(5%) | |
| Price Decreased | |||
| Jul 19, 2025 | Price Decreased |
$1,105,000
↓ $20K
(1.8%) | |
| Price Decreased | |||
| Jul 16, 2025 | Relisted | $1,125,000 | |
| Relisted | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2025
|
3 Bed
|
3 Bath
|
2012 ft²
|
$1,175,000
3 Bed
3 Bath
2012 ft²
|
$1,050,000
-10.64%
05/08/2025
|
Carl Shurr
Kuper Sotheby's Int'l Realty
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017