808 Marbella Vista WAY
About This Property
This stunning home is located in the perfect location in Leander! When walking in you are greeted with high ceilings and the beautiful staircase in the entryway which leads you into the wide open floor-plan of the living, dining, and kitchen areas. From there, the living room flows into the dining room with natural light streaming in from the large windows that is connected to the kitchen. The kitchen is fully equipped with stainless steel appliances, a large pantry for family with extended storage under the stairs, and plenty of counter-space to prep your favorite meals! The master suite also located on the first floor has double vanity, separate shower, and a large closet. Upstairs you will find a living space that can be used as a game room or entertainment zone. The extra large backyard is perfect place to rest and relaxation after a busy day and for kids to play! This home is located near a major highways, with easy access to schools, department store and many more.
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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 |
|---|---|---|---|
| Feb 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 31, 2023 | Listed by Tree Realty, LLC | $830,000 | |
| Listed by Tree Realty, LLC | |||
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About Leander
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Listed Office: Tree Realty, LLC - Listing courtesy of Unlock MLS
Phone: (512) 577-6778
Last Updated: 2024-02-16 18:12:59
Data Source: Unlock MLS, MLS# ACT4486267
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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