6605 Willow WAY
About This Property
The home boasts luxury vinyl flooring throughout, a split floor plan, great natural light, interior laundry room, and a spacious backyard complete with a covered deck. Great efficiency with a New HVAC, Low E Windows, Water Heater, Blown attic insulation, 1 year old Roof and 80% new Siding. Easy access to William Cannon, I35, Southpark Meadows Shopping & Downtown Austin.
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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 |
|---|---|---|---|
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Price Decreased |
$350,000
↓ $22K
(5.9%) | |
| Price Decreased | |||
| Jul 29, 2024 | Price Decreased |
$372,000
↓ $8K
(2.1%) | |
| Price Decreased | |||
| Jun 25, 2024 | Listed by Networth Realty of Austin | $380,000 | |
| Listed by Networth Realty of Austin | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017