Bastrop Country Living on subdivision Lake - Austin stone 3 big
bedrooms, 2 1/2 baths home, master w/ bath, full tub/shower hall
bath, big back porch partial covered facing lake, formal dining,
large living over looking lake, large den w stone fireplace also
overlooking lake, remodeled kitchen w built-in cooktop and ovens,
breakfast area, laundry room, oversized 2 car garage with workshop
21 x 33, driveway parking. Convenient to Bastrop in popular Circle
D subdivision, with Bastrop State Park Across Hwy. Move in
Ready! LOWEST PRICE IN CIRCLE C!
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.
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