$999,000
●
House -
Off Market
7301 Grover Ave
Austin, TX 78757
3 Beds
2 Baths
2,110 Ft²
$6,562
Est. Monthly
1.30%
Cap Rate
About This Property
Welcome to 7301 Grover Avenue! A rare, 3 bedroom, 2 bathroom
single-story home with a massive lot and a guest casita (not
included in square footage measurements). The home is wonderfully
arranged with an open concept floor plan, a generous primary suite,
soaring ceilings with clerestory windows, a perfect screened-in
outdoor patio, and a massive kitchen and dining space!
Hardwood floors throughout, stainless steel appliances, large
dedicated mudroom/utility room, and much more! There is a
one-bedroom, one bathroom guest casita (approximately 600SF not
included in the main-house SF) in the backyard, with a full kitchen
and living room --- a great location to put your in-laws when they
come to visit for the holidays! Huge private backyard, fenced and
with a remote-operated gate, with ready-made raised beds for
gardening and turn-key chicken coop! Home is equipped with a large
(owned) solar array that offsets approx. >60% of electrical
bills, as well as a whole-house backup generator.
Unit Size
2,110 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$473
Property Type
House
Property Taxes
$1,656
HOA Dues
-
Year Built
2016
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT8970902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Price Decreased |
$999,000
↓ $51K
(4.9%) | |
| Price Decreased | |||
| Jun 4, 2024 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| May 8, 2024 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Apr 24, 2024 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
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Sold On
HOA + Taxes
About Crestview - Wooten
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Listed by: Ryan Jamison
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-08-15 06:53:27
Data Source: Unlock MLS, MLS# ACT8970902
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2024-08-15 06:53:27
Data Source: Unlock MLS, MLS# ACT8970902
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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