6604 Swamp Mallow DR
About This Property
A cozy porch - with a swing! - welcomes you to this 2,600-square-foot home. An open-concept first floor is fully tiled. Living spaces downstairs and upstairs create a space perfect for families and frequent entertainers alike. Kitchen offers eat-in dining space and bar seating, spacious pantry. Tile continues into living room, where you will be greeted with tons of cascading natural light. First floor also includes a spacious office.
Upstairs is another living space, perfect for a game room or entertainment den. Double-doors mark the entrance to the expansive owners' suite. Massive walk-in closet and primary bathroom create a perfect oasis to relax and reset. Three additional bedrooms are well-sized and include massive closets as well as ceiling fans for ultimate comfort. What makes this home special is its versatility. The additional upstairs rooms can transform into bedrooms, offices, exercise rooms, or whatever else you can dream up! Outside, enjoy a cup of coffee on your expansive deck overlooking a natural oasis or take a glass of wine to covered front porch and visit with your neighbors.
Less than two miles to McKinney Falls State Park entrance, 10 minutes to the airport, 15 minutes to East Austin bars and restaurants, and 20 minutes to the heart of downtown.
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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 2, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Keller Williams Realty | $449,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017