647 River Bluff CIR
About This Property
Just 1 mile from Georgetown's charming historic downtown and 30 miles north of Austin, half block to the trail head for the Georgetown hike and bike trails, and half mile to San Gabriel Park, this gorgeous 2-story home offers breathtaking San Gabriel River bluff views. With 3 bedrooms, 2.5 baths, and a versatile ground-floor study that can serve as a 4th bedroom, this home is designed for comfort and flexibility. The spacious dining area flows seamlessly into a cozy living room, complete with a gas/wood-burning fireplace, perfect for relaxing.
The bright, eat-in kitchen is filled with natural light and overlooks the beautifully landscaped backyard, offering the perfect space for both cooking and entertaining. Upstairs, the expansive primary suite features a sun deck, large windows, and a thoughtfully designed bath with double detached sinks, a walk-in shower, and a spacious closet.
Step outside to enjoy the cliff-side fire pit, organic garden, and spectacular views that make this home truly special. Recent updates include new stainless steel appliances, energy-efficient windows, a 2-story composite wood-grain deck, cedar privacy fencing, and xeriscaped landscaping with a crushed granite walkway.
Located on a low-traffic street backing up to the San Gabriel, and the home hosts a beautiful Heritage Oak for you to love. Interior features include hard tile floors, carpet, and Adura flooring. This is a perfect blend of modern amenities and serene natural beauty-an ideal retreat for anyone looking to enjoy life in Georgetown! **All furnishings are available for purchase. If the buyer is interested in any items, please notify the agent**
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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 |
|---|---|---|---|
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Tiffany Russell Group | $425,000 | |
| Listed by Tiffany Russell Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017