5114 Lockhart Drive
About This Property
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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 9, 2022 | Sold | ||
| Sold | |||
| Jul 7, 2022 | Listed by Keller Williams Hou Preferred | $330,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Welcome home to 5114 Lockhart. Zoned to sought after Pearland ISD in the desirable Park Village Estates subdivision. This 2 story, 4 bedroom home is the largest floor-plan in the neighborhood. The home includes a water filtration system as well as a sprinkler system. Laundry room is huge with plenty of shelving for all your storage needs. Tile & laminate flooring throughout. Kitchen features stainless steel appliances & a large walk-in pantry. In addition to the spacious dining area off the kitchen & open to the family room, there is also a formal dining room that could be used as a study if desired. Stay warm in the winter with a gas log fireplace. Primary bathroom has double sinks, a separate jetted garden tub & shower and a large closet. Home has updated modern light fixtures. Neighborhood features a park & is also in close proximity to Centennial Park, Pearland Recreation Center, The Natatorium as well as area shopping & dining. Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017