$800,000
●
Multifamily -
Off Market
Undisclosed Address #AB
Austin, TX
Studio
0 Bath
1,355 Ft²
$5,058
Est. Monthly
About This Property
Nestled on a level, 0.163-acre corner lot, the 1,355-square-foot
home houses 2 units, each offering 1 bedroom, 1 bathroom, & a
bright,
welcoming kitchen.
welcoming kitchen.
Unit Size
1,355 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$590
Property Type
Multifamily
Property Taxes
$1,129
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT3741762)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Price Decreased |
$800,000
↓ $25K
(3%) | |
| Price Decreased | |||
| Jun 26, 2024 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Jun 5, 2024 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Apr 26, 2024 | Listed by Bramlett Residential | $875,000 | |
| Listed by Bramlett Residential | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
Parking Details
Covered Spaces: 2
Total Number of Parking: 4
Parking Features: Additional Parking, Detached, Garage, Garage Faces Side, Off Street
Garage Spaces: 2
Interior Details
Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, Stone Counters, Crown Molding, Gas Dryer Hookup, Eat-in Kitchen, French Doors, High Speed Internet, Kitchen Island, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s), Washer Hookup
Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Free-Standing Gas Range, Self Cleaning Oven, Stainless Steel Appliance(s)
Flooring Type: Tile, Wood
Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating: Central, Natural Gas, Separate Meters
Living Area: 1355
Fireplace Features: Gas, Living Room
Fireplaces: 1
Exterior Details
Property Type: Residential Income
Property Sub Type: Duplex
Green Energy Efficient
Property Condition: Updated/Remodeled, Excellent
Year Built: 1950
Year Built Source: Public Records
View Desription: Neighborhood, Trees/Woods
Fencing: Back Yard, Privacy
Levels: One
Construction Materials: Frame
Foundation: Pillar/Post/Pier
Roof: Composition
Exterior Features: Gutters Full, Private Yard
Lot Features: Back Yard, Corner Lot, Front Yard, Trees-Large (Over 40 Ft)
Lot Size Acres: 0.163
Lot Size Square Feet: 7100.28
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $13,547
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Location Details
Community Features: See Remarks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Jennifer Berbas
Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2024-09-29 06:00:03
Data Source: Unlock MLS, MLS# ACT3741762
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2024-09-29 06:00:03
Data Source: Unlock MLS, MLS# ACT3741762
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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