1606 Nevada Street
About This Property
ceilings, wood floors throughout, high end finishes and elevator installed to all four floors! Large 4th floor
including a study, game room, and rooftop terrace with spectacular views.
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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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 20, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | No longer available | - | |
| No longer available | |||
| Mar 12, 2025 | Listed by Realty ONE Group, Experience | $850,000 | |
| Listed by Realty ONE Group, Experience | |||
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Stunning, gated single-family home in Montrose! This well-kept home has 4 breathtaking floors with soaring ceilings and an ELEVATOR! Quartz & natural stone countertops, designer lighting & plumbing fixtures, & hardwood/stone/tile flooring give this home charm. Enter from the 2 car garage or the charming gas lantern-lit front door to find a bedroom & ensuite bathroom. The 2nd floor has a spacious kitchen, dining area, walk-in pantry, & living room equipped with a gas fireplace. The primary bedroom with reading nook, bathroom with stand-up shower and jet tub, vast walk-in closet & laundry room are on the 3rd floor. The 4th floor has a bedroom with full bath, den & access to the rooftop terrace with amazing views. Entertain your guests with the new outdoor kitchen w/ gas grill & stainless steel cabinets. Other updates include refinished & resealed exterior Stucco, new AC unit & Simplisafe security system. Countless restaurants within walking distance & close proximity to hike/bike trails.
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| Mar 3, 2025 | In contract | - | |
| In contract | |||
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About Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 76501773
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