6706 Letcher Street
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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.
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 |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by Cornell Real Estate Group LLC | $124,900 | |
| Listed by Cornell Real Estate Group LLC | |||
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Beautifully remodeled 2 bedrooms & 1 bath home will be ready in a few days for your family. Finishing up the last few details. This charming home offers individually chosen updates like a updated electric, plumbing, central AC, and kitchen cabinets. Granite countertops, freshly painted exterior and interior and mature landscaping. The garage is easily convertible to livable space or project room. Plenty of mature trees to provide cool shade. Large 7,000 plus square foot lot. Huge back yard which would be perfect for your friends and family gatherings, and possibly building an addition - No HOA.
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| Jun 1, 2020 | Sold | ||
| Sold | |||
| Feb 7, 2020 | Listed by HomeSmart Fine Properties | $84,900 | |
| Listed by HomeSmart Fine Properties | |||
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Drastically reduced List price from the original over $20K. Motivated Homeowner. Great lot size square footage. Vintage house built-in 1948. Cute 2 Bedroom home with a full bath. Detach garage with secluded private drive-way. Some minimal repairs are done by Seller. Great fixer up.HUGE backyard with plenty of room to extend the home, add a garage and installed a fence for privacy. Ideally located near 610 East and LBJ Hospital. A true jewel box of a home!
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Property Highlights
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About Northeast Houston
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Currently no similar homes aroundNearby Rentals
$1,690 /mo
- 3 Beds
- 2 Baths
- 2,425 ft²
$1,690 /mo
- 3 Beds
- 2 Baths
- 2,425 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017