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6706 Morningside 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 |
|---|---|---|---|
| Nov 6, 2026 | Listed by Keller Williams Realty Metropolitan | $990,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Nov 27, 2020 | Listed by Connected Realty | $849,900 | |
| Listed by Connected Realty | |||
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This spectacular 4 bedroom home offers high ceilings, a private high-fenced backyard, Miele appliances, 3-piece crown molding, hardwood floors, a covered 2nd floor patio, TWO roof decks, and a 4th floor game room! All 4 bedrooms enjoy their own en-suite bath while the 2nd floor living area makes use of a spacious powder bath! The oversized first floor suite offers a perfect guest or rental accommodation, especially with direct access to the exterior! Fastidiously maintained by the owners, there is nothing out of place. Less than a mile from the Houston Medical Center, Rice University, and Rice Village! Less than 2 miles from Hermann Park, NRG Stadium, Greenway Plaza and much more!
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About South Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017