4305 Lucero Drive
About This Property
welcoming setting. The functional floor plan features a spacious living area with plenty of natural light, creating a warm
atmosphere for both everyday living and entertaining. The kitchen offers ample cabinetry and counter space with an easy
flow into the dining and living areas. The primary suite provides a comfortable retreat, while two additional bedrooms offer
flexibility for family, guests, or a home office. Step outside to enjoy a nicely maintained backyard with plenty of room for outdoor activities, entertaining, or simply relaxing. Conveniently located near local shopping,
dining, schools, parks, and the many attractions Granbury has to offer, this inviting home is a
wonderful opportunity for anyone looking for comfort, cleanliness, and value.
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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 |
|---|---|---|---|
| Oct 12, 2026 | Relisted | $205,000 | |
| Relisted | |||
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Price Decreased |
$205,000
↓ $10K
(4.7%) | |
| Price Decreased | |||
| Aug 24, 2026 | Listed by Mark Spain Real Estate | $215,000 | |
| Listed by Mark Spain Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017