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175 Memory Lane NE
About This Property
This 3 bedroom, 2 bath city water home has everything that you are looking for- wood look tile throughout, beautiful wood burning fireplace with custom wood mantle. and the heart of the home-a kitchen that checks all the boxes! White custom shaker cabinets, gorgeous granite counters, stainless appliances and range hood, and an island big enough for both storage and entertaining.
Head to the primary bedroom and enjoy a relaxing retreat in your soaker tub or newly tiled shower.
The split plan allows privacy and space for all, as well as two living areas so the whole family can spread out. Enjoy a cup of coffee on your private screened porch or grill up a burger on the adjacent patio area.
Don't delay! Sellers are motivated, so make an appointment to view this gorgeous property and make it your home today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017