123 Memory Lane
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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 |
|---|---|---|---|
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Jan 6, 2020 | Listed by Zarco Properties, LLC | $145,000 | |
| Listed by Zarco Properties, LLC | |||
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Motivated Seller - House is move in ready. Replaced Roof (2014) Replaced Breaker box (2019) New paint, Bedroom doors, Tile Flooring, Siding, Custom Kitchen Cabinets, Granite counter and custom tile in Bathroom. Replaced A/C ducts (2017) Not in flood zone and City of Houston did away with septic tank and connected to sewer line . No MUD, No HOA. This house will not last long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017