10417 Memorial Drive
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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| May 22, 2021 | Listed by Compass RE Texas, LLC | $885,000 | |
| Listed by Compass RE Texas, LLC | |||
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Wonderful opportunity to get into desirable Hunter’s Creek under $1 million! Highly regarded schools and a location convenient to downtown, the Energy Corridor, Galleria, Memorial Park and more make this home a winner. Per sellers, this home has had nearly $115,000 in recent improvements since 2020, including new roof, updated kitchen and baths, foundation repair, interior paint and stucco maintenance. This home offers two primary bedrooms, one up and one down, with all living areas and secondary bedrooms on the first floor. Main living areas include formal living and dining, kitchen with breakfast room and a large flex room overlooking the yard that could be used for study, media or den. Two fireplaces, a wet bar, large utility room, and all wood and tile flooring are just some of the special features of this home. Enjoy the outdoors in the large back yard with pool and patio. No flooding per sellers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017