6511 Houston Road
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 |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by eXp Realty, LLC | $339,900 | |
| Listed by eXp Realty, LLC | |||
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Welcome to this beautifully designed 3-bedroom, 2-bathroom home in the desirable Lakeland subdivision of Manvel offering 1,949 sq. ft. of living space. Step inside to find a spacious kitchen with granite countertops, stainless steel appliances, an oversized island and large bar, all overlooking the inviting family room. The gas fireplace adds warmth and charm to the living space, while the walk-in pantry with upgraded shelving provides excellent storage. The primary suite is a true retreat, featuring a large bedroom, en-suite bath with double sinks, a soaking tub, a separate shower, and an expansive walk-in closet. The secondary bedrooms are generously sized and share a private hallway with a full bath. Outdoors, you'll love the oversized detached garage with a covered carport, rear garage door, and an additional slab for trailer parking. Conveniently located near Hwy 6 & 288, this home offers easy access to shopping, schools, and groceries.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017