706 Meriden LN
About This Property
The bright and inviting kitchen features Calcutta Gold and Thassos marble countertops, a navy La Cornue' Range, Miele Dishwasher, Marvel Wine Refrigeration, Samsung 4-Door Refrigerator, and a grand, oversized kitchen island.
Abundant natural light floods the dining room which features a Kelly Wearstler Alabaster and Brass chandelier, custom drapery, and Schumacher wallpaper. The home has four bedrooms; three with en-suite bathrooms and one bedroom/den with a full hall bath on main level. An optional office/home gym/flex space is detached from the main house.
This house was designed with the highest attention to detail from the heated primary bath marble floor, to a hidden gift wrap closet and the elevated cabinetry design found throughout.
With over 1,000 sq/ft of outdoor living, you'll have plenty of space to entertain and enjoy the outdoors and all of Austin's downtown views. You may enter the front of the home on Meriden or through the solar powered electric private drive gate at the rear entrance on Hearn into your two-car garage. This property is just a short walk to Deep Eddy Pool, the new H-E-B, Lady Bird's hike and bike trail, and downtown Austin
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Relisted | $2,450,000 | |
| Relisted | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Price Decreased |
$2,450,000
↓ $345K
(12.3%) | |
| Price Decreased | |||
| Apr 1, 2024 | Listed by Gottesman Residential R.E. | $2,795,000 | |
| Listed by Gottesman Residential R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017