13 Memorial Point Lane
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 |
|---|---|---|---|
| Feb 25, 2021 | Sold | ||
| Sold | |||
| Jan 14, 2021 | Listed by Nest Properties Austin | $1,495,000 | |
| Listed by Nest Properties Austin | |||
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A once in a lifetime opportunity to live in Piney Point Village at an incredible price point. This stunning property offers a well-appointed contemporary home on extraordinary 42,500 sf cul-de-sac lot. The two-story home boasts walls of windows overlooking the meticulously landscaped & heavily wooded grounds. Main level features primary suite w/private courtyard, his/her closets & baths; updated kitchen w/quartz counters, island, & Bosch appliances; oversized living rm w/gas FP, dining rm, walk-in wet bar, study w/gas FP & bonus room. Four bdrms up, multi-level decks, gated entries, abundant storage, 3-car garage w/air-conditioned workshop & add'l parking. The heavily treed outdoor living space offers a special area to unwind, relax and restore your soul after a busy day! Loads of natural light. Zoned to exemplary SBISD schools. Property being sold as is, presenting a wonderful opportunity for a buyer to live in now, update or build their dream home later. Seller will make no repairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017