6006 Memorial Drive
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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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Jun 24, 2023 | Listed by Keller Williams Realty - Memor | $1,695,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Welcome to 6006 Memorial, a Mediterranean sanctuary in Houston where timeless elegance meets modern sophistication. This architecturally focused home blends modern design with meticulous craftsmanship. The open-concept layout and high ceilings of this 5-bedroom, 5 1/2-bath home cultivate an ambiance of refined grandeur. The main-level owner's suite features a private sitting area, patio access, and a spa-like en suite bathroom with a corner soaking tub. The large island kitchen seamlessly connects to the large living room, offering floor-to-ceiling built-in cabinetry and oversized picture windows. Step into the low-maintenance backyard oasis, complete with open and covered sitting areas, an outdoor kitchen, and a pool/spa—a true haven of tranquility. The second level encompasses a game room with balcony access, a tiered-seating home theater, and generously-sized secondary bedrooms. Nearby, enjoy shopping, dining, and attractions like Memorial Park and Bayou Bend Collection and Gardens.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017