6804 ADELINE WAY
About This Property
The first floor features inviting open living spaces to the dining and kitchen, a dedicated study/office, a powder bath and a stylish metal floating staircase. On the second floor you'll find a spacious primary suite with a cozy sitting area, along with two additional bedrooms, each with its own dedicated bathroom. A second comfortable living space and a laundry room complete the upper level.
Masterfully designed with modern Euro architecture, this home embraces functionality and minimal maintenance. Notable features include quartz countertops, a durable slate roof, solid core doors, frameless showers, pre-wiring for solar energy, Energy Star black framed windows, a modern freestanding primary bathtub, an upgraded shower system, large closets, attic storage, a reverse osmosis water system, and luxurious stainless steel Wolf appliances. The outdoor living space is enhanced with a built-in grill, fireplace, and a fenced backyard. Additionally, this property is located within the highly acclaimed Eanes Independent School District - Bridge Point Elementary School, Hill Country Middle School, and Westlake High School.
Experience the perfect blend of sophistication and relaxed living in this beautifully designed home.
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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 |
|---|---|---|---|
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Price Decreased |
$1,395,000
↓ $55K
(3.8%) | |
| Price Decreased | |||
| Jun 24, 2024 | Price Decreased |
$1,450,000
↓ $49K
(3.3%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$1,499,000
↓ $26K
(1.7%) | |
| Price Decreased | |||
| May 7, 2024 | Price Decreased |
$1,525,000
↓ $70K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017