4250 Lehigh Avenue
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Keller Williams Realty Metropolitan | $1,100,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Welcome to 4250 Lehigh, situated on a lovely, tree lined street in the wonderful city of West University Place, one of Houston's most sought after neighborhoods. This has been a happy home over the years and boasts unique design features such as the double height ceiling in the study/front living area, a vaulted ceiling in the breakfast area and the most amazing natural light, thanks to numerous, large windows. The updated kitchen, with white cabinetry, quartz countertops and stainless steel professional grade appliances including a fabulous Viking 6 burner gas range, is the heart of the home, where family and friends gather. The kitchen opens to the breakfast and family room for a seamless open plan, ideal for modern day living and entertaining. Four bedrooms up. The spacious back yard presents opportunities to extend the patio or install a pool *. 2024 updates incl. refinished hardwoods new paint and 2021 AC/Furnace. An incredible opportunity to live in West U for 1.1.
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Property Highlights
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About Southwest Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 69410668
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017