11
Map
3106 Lee Street
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 |
|---|---|---|---|
| Aug 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 24, 2026 | Listed by Brooks & Davis Real Estate | $249,900 | |
| Listed by Brooks & Davis Real Estate | |||
| Jun 18, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 17, 2026 | Listed by Brooks & Davis Real Estate | $879,600 | |
| Listed by Brooks & Davis Real Estate | |||
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Discover a unique opportunity in Houston's French Town 5th Ward: 4 brand new residences offered together as a single portfolio. This gated community provides both privacy and a shared experience with its inviting central courtyard. This property represents a fantastic opportunity for investors, perfectly configured for use as short-term rentals (like Airbnb/VRBO) or as a cohesive long-term rental community.
Each of the 4 distinct homes offers 2 bedrooms, 2.5 bathrooms, and impresses with high ceilings and luxurious finishes. Modern fixtures, gourmet kitchens with quartz countertops and stainless steel appliances, and elegant porcelain tile/laminate flooring define the interiors. The primary suite in each unit serves as a private retreat with an en-suite bathroom. Enjoy the convenience of being just 2 minutes from Downtown and 20 minutes from George Bush Intercontinental Airport (IAH). This is your chance to own a multi-unit residential asset in a sought-after location. Enquire today!
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| Nov 11, 2025 | Listed by Brooks & Davis Real Estate | $879,600 | |
| Listed by Brooks & Davis Real Estate | |||
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Discover a unique opportunity in Houston's French Town 5th Ward: 4 brand new residences offered together as a single portfolio. This gated community provides both privacy and a shared experience with its inviting central courtyard. This property represents a fantastic opportunity for investors, perfectly configured for use as short-term rentals (like Airbnb/VRBO) or as a cohesive long-term rental community.
Each of the 4 distinct homes offers 2 bedrooms, 2.5 bathrooms, and impresses with high ceilings and luxurious finishes. Modern fixtures, gourmet kitchens with quartz countertops and stainless steel appliances, and elegant porcelain tile/laminate flooring define the interiors. The primary suite in each unit serves as a private retreat with an en-suite bathroom. Enjoy the convenience of being just 2 minutes from Downtown and 20 minutes from George Bush Intercontinental Airport (IAH). This is your chance to own a multi-unit residential asset in a sought-after location. Enquire today!
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Property Highlights
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About Northeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017