11314 Old Lockhart RD
About This Property
Journal, where there are approvals for + 6,300 residential units and + 700,000 sf of commercial space. South Park
Meadows is approximately 1.75 miles away at IH-35 and Slaughter Lane and offers full retail support services. The
developers of Goodnight Austin have created a Park District, which includes a 3 mile jogging trail throughout the
development and an Education Fund to benefit the residents. Buyer & buyer agent to do their own due diligence.
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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 |
|---|---|---|---|
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Teifke Real Estate | $250,000 | |
| Listed by Teifke Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017