108 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 8, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| May 16, 2024 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Apr 22, 2024 | Listed by Holub Real Estate, LLC | $650,000 | |
| Listed by Holub Real Estate, LLC | |||
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Tucked amongst the beautiful live oaks, on 2.5 acres, sits this 3,741 SF custom home. Featuring 3 bedrooms, 2 bathrooms, an office, and a bonus room that could easily become a 4th bedroom, this home is beautifully laid out with an open floor plan. As you step inside the high ceilings and hardwood floors in the living and dining room open up to the spacious kitchen with ample counter and cabinet space. The house is filled with custom features including an “en suite” bedroom, a built-in entertainment center in the living room, custom benches in the living and dining room, built in cabinetry and desk in the office, and the home is heated and cooled by two HVAC’s.
The 2.5 acres backs up to larger tracts of land and the property has no immediate neighboring homes. The long, paved driveway winds through the oaks to a detached, 2 car garage with a storage or workshop area. The laundry room is huge and has an abundance of custom cabinetry and storage space. The master suite has everything anyone could want, a walk-in shower, a step-in garden tub, and hardwood flooring.
Located at the edge of the city limits of Moulton, this property is easily accessible to Houston, Austin, or San Antonio. Just 1.5 hours to each of these cities, and just 10 minutes from Interstate 10. Moulton ISD has an excellent school system, and the World Famous Spoetzl Brewery in Shiner is just 10 minutes away. Come take a look at this one-of-a-kind custom property, there are too many features to list including a breezeway, massive front porch, and crown molding through-out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017