11913 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%.
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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 24, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by Greenwood King Properties | $2,285,000 | |
| Listed by Greenwood King Properties | |||
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Spectacular contemporary home in the heart of Memorial! A wonderful open layout flows from the dramatic entry to the elegant dining room and living room with double-sided fireplace. Floor-to-ceiling windows and doors provide seamless flow through the indoor and outdoor living areas. Sleek and spacious kitchen features a magnificent waterfall island with bar stool seating. The chef's kitchen opens to the inviting family room and huge covered outdoor patio and is ready for gracious entertaining. A frosted sliding glass door sets the tone for the private owners suite with vestibule for art, outdoor patio and luxurious spa bathroom. Upstairs is a game or music room, media room, study, exercise room and three bedrooms. Abundant natural light, high ceilings, amazing views of the manicured gardens and sparkling pool enhance this delightful home. Zoned to highly rated SBISD schools (Buyer to verify eligibility).
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Property Highlights
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Price/ft²
Listed On
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017