2401 Bachman Drive
About This Property
Step inside to find a thoughtfully designed layout featuring a separate office or study, formal dining room, and formal sitting area, perfect for hosting guests or working from home. The heart of the home boasts a bright and open kitchen overlooking the large backyard and inviting pool with slide, ideal for summer fun. Enjoy evenings under the covered pergola (which stays!) or get active with the tetherball pole-there's room for it all in this expansive yard. Upstairs you'll find a game room and a convenient walk-in attic, offering easy access to storage. The oversized garage provides ample space for vehicles and more, while the utility room includes a utility sink for added functionality. Recent upgrades include brand new windows throughout, enhancing both energy efficiency and curb appeal. Located in the highly rated Lewisville ISD, this home offers an unbeatable combination of location, space, and amenities. Don't miss the chance to own this rare gem on a large private lot-schedule your showing today!
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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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Local Pro Realty, LLC | $810,000 | |
| Listed by Local Pro Realty, LLC | |||
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About Lakemont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017