7008 Crestone RD
About This Property
The kitchen boasts granite countertops, tile flooring for easy cleaning, updated stainless steel appliances, a pantry area, a cozy breakfast nook and breakfast bar for easy meals on the go, a large landscaped backyard, and covered patio perfect for both relaxation and entertaining.
Upstairs are four spacious bedrooms that have been updated with luxury vinyl plank flooring. The primary bedroom has large windows with plenty of natural light, along with high ceilings, and a large walk-in closet. The primary bathroom features trendy metallic backsplash and quartz countertops. Both secondary and powder bathrooms have a new cabinet, faucet, and fixture.
Convenient location with a low tax rate of 1.95. Only 4 miles to Airport, 8.5 miles to downtown Austin and to Tesla GigaFactory, 2.5 miles to McKinney Falls State Park and 0.3 miles to the community amenity center, pool, and playground.
The property has been pre-inspected and recently the air-ducts have been cleaned. Washer/dryer/refrigerator and all home furnishing items are negotiable and / or can be included with the sale of the 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 |
|---|---|---|---|
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Bramlett Residential | $439,000 | |
| Listed by Bramlett Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017