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843 Zappa DR
About This Property
The backyard is a true retreat, perfect for both relaxation and entertaining. Enjoy the shade of mature trees, unwind on the covered patio, or host gatherings on the stone patio. With a built-in gas hookup for grilling, a sprinkler system, and meticulously maintained landscaping, outdoor living is effortless.
Ideally located just steps from the community pool and park, this home offers unbeatable convenience and access to fantastic neighborhood amenities, Highway 183, Anderson Mill and more. Plus, it's zoned to the highly acclaimed Leander ISD, making it a wonderful opportunity to own in a prime location!
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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 13, 2025 | Listed by Magnolia Realty | $550,000 | |
| Listed by Magnolia Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017