6506 Luckenbach LN
About This Property
Step inside to discover a versatile layout featuring two spacious living areas and both formal and casual dining spaces. The updated kitchen features quartz countertops, freshly painted cabinetry, and stainless steel appliances. It opens seamlessly to a cozy breakfast nook and a living room anchored by a gas fireplace. Soaring two-story ceilings in the second living and dining area create an open, airy atmosphere - perfect for entertaining or everyday comfort. Upstairs, you'll find all three bedrooms, including a generously sized primary suite with a fully renovated spa-like bath. Enjoy a frameless glass shower, updated tub and wall tile, elegant slate flooring, Taj Mahal quartzite countertops, and a new double vanity. A large walk-in closet completes the suite. Additional highlights include no carpet throughout the home, roof replaced in July 2023, exterior repainted in January 2024. With local favorites like Juiceland, Little Woodrow's, and Starbucks just around the corner, this move-in-ready home offers style, comfort, and unbeatable convenience.
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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 |
|---|---|---|---|
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by Kuper Sotheby's Int'l Realty | $449,500 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017