3105 Lomita Drive
About This Property
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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%.
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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.
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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 22, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Compass RE Texas, LLC | $699,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautifully maintained single-story home in West Austin's sought-after Lake Pointe community. This fantastic location is just around the corner from Lake Pointe Elementary and a short stroll to the amenity center and Napa Park. Pride of ownership shows with well-manicured landscaping and striking curb appeal. Step inside to a luminous interior with contemporary appeal, featuring updated finishes, recessed lighting, and wood-look tile plank flooring. Tall ceilings wrapped in crown molding, a designer-tiled fireplace, and arching windows with custom plantation shutters add timeless charm. The expansive entertainer's open floor plan seamlessly connects the living room, kitchen, and formal dining area. The modern kitchen boasts quartz countertops, SS appliances, a farmhouse sink, and wrap-around bar seating along the kitchen peninsula. Enjoy serene tree-filled views through oversized picture windows that infuse the home with natural light. The luxurious primary suite is secluded away in the back corner of the home and features bay windows and a spa-like bath with a designer dual vanity, soaking tub, frameless glass walk-in shower, and a custom walk-in closet. Three secondary bedrooms and a full secondary bath are tucked away in their own hallway. Take the party outside onto the large back deck, which includes a pergola-shaded area and space for a grill station and is the ideal spot to catch the sunrise. The backyard offers a lush lawn and mature shade trees for privacy. With no direct back neighbors, the home backs to the elementary school parking area. Highly acclaimed Lake Travis ISD schools. Low 1.7 tax rate for 2024. Residents of Lake Pointe enjoy amenities like a community pool, splash pad, parks, courts, trails, and a day dock on Lake Austin. Easy access to HWY 71 and Bee Caves Rd, and just a two-minute drive to the Hill Country Galleria, with a 25-minute commute to Downtown Austin. Schedule a showing today!
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| Jul 20, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Keller Williams Realty Austin | $675,000 | |
| Listed by Keller Williams Realty Austin | |||
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Stunning four bedroom, two bathroom, single-story house has been completely remodeled and is within easy walking distance of Lake Pointe Elementary. Located on a cul-de-sac close to Lake Austin and the Hill Country Galleria, this home is the perfect place. Beautiful open floor plan, perfect for entertaining. The living room features a cozy fireplace and large windows that let in plenty of natural light. The kitchen has been fully upgraded with brand new appliances, sleek countertops, and a view of the gorgeous backyard. Each bedroom is spacious and bright, with plush carpeting and ample closet space. The master bedroom is a true oasis, with a luxurious en-suite bathroom including a bath in the shower and large walk-in closet. Outside you'll love the large deck perfect for barbecues and gatherings. Amenities include pool, park, exclusive dock on Lake Austin, miles of preserve trails, and walking path to the Hill Country Galleria.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017