7506 Delafield LN #2
About This Property
But the real showstopper? The included accessory "mini-house"! Imagine an additional 852sqft of charming living space, complete with a full bedroom, a luxurious bath, This casita is not just an extension of your home; it's a gateway to endless possibilities, Airbnb compatible make it, a private retreat for guests, or a creative studio space.
Nestled in a tranquil neighborhood that balances peace with connectivity, your new home is just a stone's throw from the vibrant heart of the city. With I-35 to the east and Hwy. 290 to the south, you're only a five-minute drive from downtown and the University of Texas. Whether it's a night out at local eateries, a movie evening, or a day in the nearby parks and playgrounds, everything you need is right at your doorstep.
To make this deal even sweeter, we're offering y $5000 towards closing costs to help buy down the rate with the lender of your choice. This isn't just a house; it's a rare opportunity to own a unique property with an additional casita, something unheard of in this neighborhood.
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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 |
|---|---|---|---|
| Dec 13, 2023 | Listed by Third Coast Properties | $680,000 | |
| Listed by Third Coast Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/13/2023
|
3 Bed
|
3 Bath
|
2395 ft²
|
$950,000
3 Bed
3 Bath
2395 ft²
|
$878,000
-7.58%
12/13/2023
|
Juan Diaz
HomeSmart
| |
|
12/13/2023
|
3 Bed
|
4 Bath
|
1952 ft²
|
$680,000
3 Bed
4 Bath
1952 ft²
|
$680,000
12/13/2023
|
Rod Mora
Third Coast Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017