1618 Henbit LN
About This Property
Great price point to buy into this wonderful neighborhood! At this price, you will be able to put in new carpet or wood floors to decorate to your taste.This immaculately cared for home is just 5 mins from downtown Lockhart, the BBQ capital of Texas. Lockhart is a popular, growing city with arts, music, fun events for all. This charming one story home in the heart of the neighborhood, offers a spacious dine in kitchen with abundant storage, lovely open living area, large primary suite with two closets, dual vanities in the primary bath, along with a walk in shower. The home features two additional bedrooms with full bath with tub between. The spacious, lush backyard, with covered porch for your grill, is the perfect place to spend your summer days. Short drive to retail, grocery stores, schools, public park. CAT 5 cable wiring in home, hot water heater recently replaced. Refrigerator will convey.
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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 |
|---|---|---|---|
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Relisted | $269,900 | |
| Relisted | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Relisted | $269,900 | |
| Relisted | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017