5105 Lott Ave
About This Property
Step inside this cozy 2-bedroom, 1-bathroom home and be greeted by a light, bright, and open living space. The inviting living room flows seamlessly into the kitchen, creating an ideal space for entertaining or relaxing. Admire the vaulted ceilings and wood accent walls throughout that add warmth and character to the home.
The kitchen is a chef's dream, featuring shaker-style cabinets, sleek stainless steel appliances, and ample counter space. The wood flooring throughout enhances the home's stylish and timeless appeal.
Both bedrooms are thoughtfully laid out, with the back bedroom providing direct access to the covered back porch. This serene outdoor space is perfect for morning coffee or evening relaxation, overlooking the expansive and private backyard.
This property presents a fantastic opportunity for both owner-occupants and investors alike-whether you envision future expansion, a garden oasis, or potential redevelopment. Don't miss your chance to own a piece of East Austin charm. Schedule your showing today and make 5105 Lott Avenue your new home!
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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 21, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Compass RE Texas, LLC | $375,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017