115 Eland Lane
About This Property
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | Listed by Bar T Realty, LLC | $185,000 | |
| Listed by Bar T Realty, LLC | |||
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This is the property for you if you are looking for a little piece of hill country heaven! Located in the amazing, gated community - The Ranches at Blackbuck Ridge. Beautiful views and wonderful neighbors. Invest for the future or get your dream started now. Lampasas is about an hour NW of Austin, 20 minutes to downtown Lampasas or Burnet for shopping and dining out, nearby attractions are Inks Lake State Park, Buchanan Lake, Longhorn Cavern State Park, Colorado Bend State Park, lots of wineries nearby and so much more! Low tax rate plus an additional wildlife exemption opportunity. Electric utilities at the build site and well and well-house is done. Septic will be needed. Come take a look! I am happy to personally give you a tour of the community and introduce you to neighbors.
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| Oct 13, 2023 | Listed by Bar T Realty, LLC | $185,000 | |
| Listed by Bar T Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017