7805 Nutmeg CV
About This Property
Just inside the home the formal living room and dining room offer soaring vaulted ceilings and large windows with ample natural light. Walk to the back of the home to the cozy family room with gas fireplace featuring sweeping views of the hill country. The adjacent kitchen has been tastefully updated and features quartz countertops, freshly painted cabinets, new tile backsplash, new appliances, and a large pantry. The first floor also features a secondary bedroom with ensuite bathroom. This flex space can be used as a guest room, home office, or downstairs playroom for kids!
Head upstairs to the open and airy primary bedroom that offers a dual sided gas fireplace, private seating area or office, and private outdoor deck. Also, upstairs are two additional secondary bedrooms with Jack and Jill bathroom.
The backyard features an oversized patio with ample room for outdoor entertainment. The detached wheelchair accessible guest house was built in 2008 and can be used for a multitude of possibilities – private office, teen hangout, or ultra private guest accommodations.
Zoned to exemplary Hill Elementary School, Murchison Middle School, and Anderson High School. Recent updates include a new roof, new kitchen countertops, new kitchen appliances, new interior paint, and new hardwood floors upstairs.
The Jester Club pool, tennis courts, and playground are located across the street and membership is available for $603 per year.
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 21, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Price Decreased |
$1,375,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| Mar 31, 2024 | Listed by Compass RE Texas, LLC | $1,400,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017