148 MEMORIAL LN
About This Property
When entering the front door, you'll be greeted by a warm and inviting two-story foyer that leads you to the heart of the home. The main level boasts the perfect entertainers' dream with a large dining room for all those holiday dinners, a spacious living room with the perfect amount of natural lighting, and then there's the kitchen!
The chef's dream. Equipped with modern stainless-steel appliances, granite countertops, and ample storage. A center island serves as a focal point and additional seating, making it perfect for hosting friends and family. Adjacent to the kitchen is the family room with a fireplace. French doors lead to the rear yard patio, ideal for morning coffee or hosting al fresco dinners. The main level includes a laundry room, a half bath, and a two-car garage.
The upper-level features 4 spacious bedrooms including the master bedroom with a lavish en-suite bathroom, and walk-in closet. The basement level offers a fully finished basement with a bathroom providing versatile space that spacious enough to host a family room, home office, game room, bedroom or tailor the space to fit your needs.
Outdoor enthusiasts will appreciate the private backyard with endless potential. The current Owners have created an oasis with patio seating, a hot tub with a covered canopy, and a gas fire pit.
As beautiful as the pictures are, you must view this lovely home to truly appreciate all the amenities.
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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 29, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | In contract | - | |
| In contract | |||
| Aug 4, 2023 | Listed by Imani Realty & Associates | $675,000 | |
| Listed by Imani Realty & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017