7705 Lazy LN
About This Property
Current owner has thoughtfully made many improvements. Not enough room to list all here! Sewer lines are completely replaced by a reputable plumbing company and full inspection done by City of Austin. Besides new roof & hot water heater, and 5 panel interior doors and new windows, it's another plus that high efficiency Lenox HVAC was installed in 2023 and has a 10 yr warranty. It has two stages and makes your utility bills lower. The list goes on. Don't miss this gem which finds itself in a connected and friendly community. This neighborhood also features top ranked schools like Brentwood Elementary & McCallum High School & Fine Arts Academy. A tucked away haven...in the heart of North Central 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 |
|---|---|---|---|
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Price Decreased |
$615,000
↓ $23K
(3.5%) | |
| Price Decreased | |||
| May 7, 2024 | Price Decreased |
$637,500
↓ $67K
(9.5%) | |
| Price Decreased | |||
| Apr 13, 2024 | Price Decreased |
$704,500
↓ $46K
(6.1%) | |
| Price Decreased | |||
| Mar 22, 2024 | Listed by eXp Realty, LLC | $750,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017