8313 Renton DR
About This Property
The main living area features wooden ceiling beams and opens directly to the kitchen, which has been refreshed with newly installed quartz countertops. Originally renovated in the early 2000s, the home has seen important system updates over the years, including a new roof in 2024, a water heater installed this year, and an HVAC system added within the last few years. The backyard offers a blank slate, ready for you to transform it into a relaxing oasis, with room for a garden, fire pit or patio furniture.
This midcentury ranch is minutes from the shops and restaurants along Anderson Lane and Burnet Road and offers a quick, highway-free commute into downtown. Book your showing appointment today!
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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 |
|---|---|---|---|
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by Compass RE Texas, LLC | $475,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017