7
Map
11320 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 18, 2026 | Sold | ||
| Sold | |||
| Jul 28, 2026 | Listed by Martha Turner Sotheby's International Realty | $1,799,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Dec 9, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Beth Wolff, REALTORS | $1,200,000 | |
| Listed by Beth Wolff, REALTORS | |||
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This beautiful, wooded cul-de-sac is an amazing location for your new home! Even though this property has a Memorial Drive address, it faces Shadow Way. With this 26,000+ square foot lot, there is plenty of space for a luxurious home, garage, pool and outdoor kitchen. The home currently on the lot is not situated to take advantage of this beautiful property. This rare opportunity is zoned to Memorial Drive Elementary, Spring Branch Middle School, and Memorial High School. Close proximity to The Kinkaid School and St. Francis Episcopal School. Minutes from Whole Foods and Trader Joe's on Voss.
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| May 21, 2021 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017