8507 La Tosca Drive
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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%.
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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.
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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 2, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Listed by Hendricks Real Estate | $899,000 | |
| Listed by Hendricks Real Estate | |||
| | |||
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STUNNING Remodel in one of Austin's hidden gems, Granada Hills. Only 12 miles to Downtown or 13 miles to Drip - perfectly positioned between City and Country. Permitted addition and renovation with a focus on quality and attention to detail. This is one of the most private lots in Granada, and would be perfect to add a pool, pole barn/shop or ADU. No backyard neighbor, and a county maintained spur on one side. That "private road" with a drive-through gate to the back yard is a great amenity for those with extra cars, trailers or toys. That's on top of a BIG 626 sqft garage (normal 2 car is ~400sqft). The 1/2 bath has it's own exterior door - great for use with a future pool! 2 bedrooms have en suite bathrooms, plus a hall bath for the remaining 2 bedrooms. All new HVAC, ductwork, roof, windows, doors/trim, kitchen, baths, paint, flooring. Level 5 drywall finish - you won't find smoother walls! The exterior stone work was refinished in a German schmear style to give that old ranch house feel.
| |||
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by AVO Realty, LLC | $490,000 | |
| Listed by AVO Realty, LLC | |||
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Last Updated: 4 months ago
Data Source: HAR , MLS# 90519404
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