7512 Ecureil DR
About This Property
This spacious Drees Somerville floorplan, built in 2020, has an open and versatile layout, with abundant space to accommodate your lifestyle needs and preferences. The home features a mother-in-law suite on the first floor, alongside a massive office/flex space and a luxurious oversized laundry room. Upgrades include two built-in bars, a beautifully finished primary closet, a large, cozy theatre room and an expansive backyard retreat complete with a gorgeous outdoor kitchen and pergola.
Provence is a thriving master-planned community on the outskirts of Bee Cave, zoned to LTISD and complete with a community center, pool and playground. Sidewalks wind through the hill country setting, giving the sense that you're a world away with the convenience of a ten-minute drive to the Hill Country Galleria.
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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 |
|---|---|---|---|
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by KW-Austin Portfolio Real Estate | $1,230,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017