15 Memorial Point 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%.
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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 |
|---|---|---|---|
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Compass RE Texas, LLC | $1,595,000 | |
| Listed by Compass RE Texas, LLC | |||
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Great opportunity in desirable Memorial Villages to make this home your own! High ceilings with floor to ceiling windows in living and dining areas. Serene outdoor spaces and wooded lot overlooking ravine. Primary bedroom downstairs with separate primary baths and sitting area. Kitchen boasts stainless appliances, double ovens, walk-in pantry, and island cooktop. Downstairs home office. Gameroom and 4 bedrooms upstairs with two Jack and Jill baths. Generous size secondary bedrooms and closets. Three car garage with additional parking. Zoned to SBISD schools and in close proximity to St. Francis and Kinkaid schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017