9401 Murmuring Creek Drive
About This Property
When you enter the home, you are greeted with an abundance of natural light. There is a formal dining area and formal living room (which could easily be converted to an office). The kitchen opens up to a breakfast nook and family room that features a large fireplace with shelving on both sides as well as a wet bar. A master bedroom on the other side of the home features high ceilings and plenty of space. The master bathroom has a separate shower and tub with a large walk-in closet. The home features high ceilings throughout and a very open spacious concept. Large windows look out on a very private 1+ acre lot.
The backyard is fully fenced & includes a pool, hot tub, & covered patio. There is an attached side entry, 3 car garage, as well as a detached garage that is air conditioned and could also be used as a workshop.
Some photos virtually staged.
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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 |
|---|---|---|---|
| Apr 4, 2023 | Sold | ||
| Sold | |||
| Dec 5, 2022 | Listed by Keller Williams Realty | $1,050,000 | |
| Listed by Keller Williams Realty | |||
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This home is located in a desirable Hill Country neighborhood of 1+ acre lot properties that are 25 minutes from downtown Austin. When you enter the home, you are greeted with an abundance of natural light. There is a formal dining area and formal living room (which could easily be converted to an office). The kitchen opens up to a breakfast nook and family room that features a large fireplace with shelving on both sides as well as a wet bar. A master bedroom on the other side of the home features high ceilings and plenty of space. The master bathroom has a separate shower and tub with a large walk-in closet. The home features high ceilings throughout and a very open spacious concept. Large windows look out on a very private 1+ acre lot. The backyard is fully fenced and includes a pool, hot tub, and covered patio. There is an attached side entry, 3 car garage, as well as a detached garage that is air conditioned and could also be used as a workshop. Some photos have been virtually staged.
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| Nov 21, 2022 | Listed by Keller Williams Realty Austin | $1,050,000 | |
| Listed by Keller Williams Realty Austin | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017