6508 Velvet Leaf Lane
About This Property
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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 |
|---|---|---|---|
| Dec 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 10, 2025 | Listed by The Davis Company | $499,000 | |
| Listed by The Davis Company | |||
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Stunning model-quality home in the highly desirable community of Turner’s Crossing. This turn-key home offers 4 bedrooms, 3.5 baths showcasing an open-concept layout designed for entertaining, with exceptional craftsmanship and designer finishes throughout. Impressive curb appeal welcomes you with lush landscaping and a modern exterior. Inside, a soaring entryway opens to a bright, spacious living area that flows seamlessly into the chef’s kitchen and dining space. The kitchen features quartz countertops, a center island with seating, modern tile backsplash, apron sink, and stainless steel appliances. The luxurious primary suite is tucked privately on the main level and includes a spa-inspired bath with soaking tub, seamless glass walk-in shower, dual quartz vanities, and a large walk-in closet. Upstairs offers a spacious bonus/game room, two secondary bedrooms with a shared full bath, and an additional guest suite with private en-suite—perfect for extended family or visitors. Enjoy relaxing or entertaining in the private backyard on the large covered patio, ideal for evening sunsets. As the former model home, every detail has been thoughtfully curated—no expense spared in design or upgrades, including Tesla car charger, security system, water filter system and water softener. Enjoy a community with resort style amenities; pool, playground, park and walking trails. Great location just minutes from all the best that both Austin and Buda have to offer. Full furnishings available.
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| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by RealAgent | $509,990 | |
| Listed by RealAgent | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017