908 Sleepy Dell LN
About This Property
Step inside and be greeted by the sleek and elegant finishes of the kitchen, a focal point of the home. The open layout seamlessly flows, with soaring ceilings, and two living spaces featuring custom built-in media centers, offering the perfect balance of entertainment and relaxation. In addition to the neutral tones and combination of tile and luxury plank flooring throughout, this home is turnkey and ready for your personal touches!
The primary bedroom is a serene retreat, complete with an en-suite bathroom and ample closet space. Two additional bedrooms provide flexibility for guests, a home office, or a personal fitness area. The property features a new AC installed in 2020, and solar panels, offering sustainability and potential cost savings for the environmentally conscious homeowner. Outside, a private oasis awaits with turf in the backyard, offering low-maintenance greenery for relaxation and entertaining.
Conveniently located, this home offers easy access to the vibrant Austin lifestyle. Enjoy the eclectic bars and restaurants of Menchaca, all within a two-mile radius, providing the perfect setting for socializing and unwinding. For work or leisure, downtown Austin and the iconic Capitol building are just a short 10-mile drive away, and the Austin-Bergstrom International Airport is a mere 12-mile commute, ensuring effortless travel connections for both business and pleasure. Embrace the ease of city living while still being able to retreat to the comfort of your own modern sanctuary at 908 Sleepy Dell Lane.
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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 |
|---|---|---|---|
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Compass RE Texas, LLC | $470,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017