7550 Lehman 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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2023 | Listed by Central Metro Realty | $675,000 | |
| Listed by Central Metro Realty | |||
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Finally, your search is over. Come see this beautiful 5 bed, 2.5 bath, ranch home, perfectly situated on approximately 10 acres of unrestricted land. Conveniently located 12 mins from Rosenburg, 16 mins from HEB, & 1 hour from downtown Houston, you can be far enough from the hustle and bustle yet close enough for all of your big city needs. This prime property offers direct access to Lehman Rd, a 1200 sqft workshop, a chicken coop, & a 4-horse stable. Built in 2006, the house comes equipped with a whole-house water-softening system, a security system, & Terminix termite bait stations. Natural light abounds in its super wide primary bedroom & primary bath. Featuring a jacuzzi tub, enclosed glass shower, large walk-in closet, & stone countertops, you will feel pampered & refreshed in this primary bath. Make this gorgeous home your own with the help of a Platinum Select Home Warranty + well/septic coverage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017