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9000 Honeycomb DR
About This Property
With plenty of space to add a pool, small barn, or casita, this property offers endless opportunities. Zoned for top-rated schools (Baldwin, Gorzycki, and Bowie) and boasting one of the lowest tax rates in the area, this home combines value and location. Additionally, the property is zoned for chickens, goats, and horses. Recent updates include roof, plumbing, water heater, new ductwork and HVAC, and interior paint. This home is move-in ready and perfect for use as a primary residence, second home, or short-term rental, and is your opportunity to experience the amazing harmony of nature and modern living, all within close proximity to Austin.
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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 |
|---|---|---|---|
| Dec 27, 2024 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Sep 13, 2024 | Listed by Bramlett Partners | $950,000 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017