Zip Code
5069 Lancaster Dr, Las Vegas, NV 89120
4 beds · 2 baths · 1,817 sq ft · Lot: 8,712 sq ft · Single Family Home · Last Sold: $440K in 2023 · Built: 1973
Est. Value:
$489K
Est. Rent:
$2.9K/month

5069 Lancaster Dr Las Vegas, NV 89120

4 beds · 2 baths · 1,817 sq ft · Lot Size: 8,712 sq ft · Single Family Home
Est. Property Value: $489,079

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

5069 Lancaster Dr is in the 89120 neighborhood of Las Vegas, NV. It is located in Clark County and ZIP code 89120. This Single Family Home was built in 1973 and is approximately 52 years old. The single family home spans 1817 sq ft with 4 bedrooms and 2 bathrooms and sits on a 8712 sq ft lot. According to public records, it was last sold in 2023 for $440,000 and has a tax-assessed value of $194,303, which is $269 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5069 Lancaster Dr Las Vegas, NV 89120 with Property Intel by Whitepages.

Investment Potential for 5069 Lancaster Dr

The property has a current estimated value of $489,079, which is 18% below the zip median, based on public records. It last sold on November 02, 2023 for $440K. Projected long-term
is $34,800 annually ($2,900 per month) with a 91% occupancy rate.

Discover more Single Family Homes in 89120.

Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 89120 zip code
 
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Owners & Occupancy for 5069 Lancaster Dr

No contact information is available.

Occupancy

Property Details for 5069 Lancaster Dr

Property Details

Property Sq Ft

Living Area

1,817 sq ft

18% below market

Lot Size

8,712 sq ft

5% above market

Price Per Sq Ft

Living Area

$269 / sq ft

5% below market

Lot Size Area

$56 / sq ft

19% below market

Property condition, age, exterior, etc. for 5069 Lanca…
Longitude: -115.091255 Latitude: 36.097222 Parcel Number (APN): 161-30-511-013…
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Market Benchmarks

Compare data for 5069 Lancaster Dr in Clark County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$489,079
$523,600
-$34,521 (-7%)
$619,104
-$81,915 (-13%)
YoY Price Change
1.57%
-113%
Year Built
1973
2001
-28 years
Living Space
1,817 sq ft
2,391 sq ft
-574 (-24%)
$ Per Living Sq Ft
$269
$235
$34 (15%)
Lot Size
8,712 sq ft
6,970 sq ft
1742 (25%)
$ Per Lot Sq Ft
$56
$82
-$26 (-32%)

Net Operating Income
$22,055
$2,732 (12%)
Annual Revenue
$34,800
$33,600
$1,200 (4%)
$10,969
-$956 (-9%)
Net Operating Income
$22,055
$2,732 (12%)
Cap Rate
4.2%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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