1 Memory Lane
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed | $1,100,000 | |
| Listed | |||
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Beautiful expanded Cape offers flexible floor plan & wonderful cul de sac location on Wakefield’s desirable West Side. Open floorplan boasts a Living Room w/gas FP, vaulted ceiling w/skylite & lg windows overlooking private backyard. Its wide open to spacious Dining Rm & well designed Kitchen. 1st Flr Primary Suite is lovely retreat w/vault. ceilings, WIC & en suite Bath. Large Bedroom (or formal Liv Rm) w/new bay window, an Office, Full Bath, & Mudroom w/Laun beautifully complete 1st flr. Upstairs offers 3rd Full Bath, Bonus Rm & 2 HUGE Bedrooms, 1 initially designed as 2 separate rooms. Partially finished LL w/Fam Rm & storage. Corner lot w/irrig. system, vinyl fence, new composite Deck & beautiful patio. Add’l amenities: 3 car Gar, vinyl siding, thermal windows, wood floors, NEW basement floor ’25, NEW Gas Heat & Cen Air (’21), 200 amp & more. Best of all is the location! SO close to Lake, Train, Schools, hwys, shopping, Market St & both Wakefield & Reading’s quaint Downtowns.
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| Nov 23, 2015 | Sold | ||
| Sold | |||
| Sep 17, 2015 | Listed by Northrup Associates | $669,900 | |
| Listed by Northrup Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017