16 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%.
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 |
|---|---|---|---|
| Apr 15, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Century 21 Dumont and Assoc. | $287,900 | |
| Listed by Century 21 Dumont and Assoc. | |||
| Jan 9, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $269,900 | |
| Listed | |||
| | |||
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Great opportunity to own this very open, bright and updated ranch. Newer roof, bath, kitchen, Harvey windows. Beautiful kitchen/dining/family room with ceramic tile in kitchen, granite counters, cathderal ceiling, skylites and slider leading to large 12x16 deck. Open concept. Central AC !! Garage under with newer garage door. Full basement with bar, 1/2 bath and sep. shower. Irrigation system. Walking distance to schools and shopping. Don't judge this book by it's cover, take a walk inside.... The manager has listed the unit size as 2170 square feet.
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| Jul 16, 2017 | Listed by Century 21 Dumont and Assoc. | $240,000 | |
| Listed by Century 21 Dumont and Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017