50
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6111 Lake Street
About This Property
This home has been thoughtfully upgraded, featuring a modern kitchen, beautifully renovated bathrooms, a new roof, and a stunning outdoor kitchen, ideal for entertaining guests. The property is a mere 2-minute walk to Rice Village shopping, providing a plethora of dining and retail options. Additionally, it's just a few minutes away from Rice University and the Houston Medical Center, making it the perfect location for convenience and lifestyle.
Don't miss this incredible opportunity to own a piece of West University charm – priced to sell and ready for you to call it home
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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 30, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | No longer available | - | |
| No longer available | |||
| Dec 12, 2024 | Listed by Nextgen Real Estate Properties | $1,675,000 | |
| Listed by Nextgen Real Estate Properties | |||
| Oct 9, 2024 | Listed by Nextgen Real Estate Properties | $1,712,000 | |
| Listed by Nextgen Real Estate Properties | |||
| | |||
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Welcome to your dream home in the highly sought-after West University/Southside area of Houston! This charming traditional brick home boasts 4 spacious bedrooms, 3.5 luxurious bathrooms, and 2 inviting living rooms. The gorgeous office is perfect for working from home, while the second-floor balcony offers a serene spot to unwind.
This home has been thoughtfully upgraded, featuring a modern kitchen, beautifully renovated bathrooms, a new roof, and a stunning outdoor kitchen, ideal for entertaining guests. The property is a mere 2-minute walk to Rice Village shopping, providing a plethora of dining and retail options. Additionally, it's just a few minutes away from Rice University and the Houston Medical Center, making it the perfect location for convenience and lifestyle.
Don't miss this incredible opportunity to own a piece of West University charm – priced to sell and ready for you to call it home
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Property Highlights
Building Info
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Price/ft²
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017