2 Memory Lane #5
About This Property
The manager has listed the unit size as 600 square feet.
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Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
| Sep 10, 2022 | In contract | - | |
| In contract | |||
| Sep 6, 2022 | Price Decreased |
$149,500
↓ $3K
(2%) | |
| Price Decreased | |||
| Aug 17, 2022 | Price Decreased |
$152,500
↓ $5K
(3.2%) | |
| Price Decreased | |||
| Jul 30, 2022 | Price Decreased |
$157,500
↓ $18K
(10%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/21/2024
|
Loft
|
2 Bath
|
755 ft²
|
$169,500
Loft
2 Bath
755 ft²
|
-
-
|
Larry D Leimkuehler
Worley and Associates
| |
|
12/07/2023
|
Loft
|
1 Bath
|
600 ft²
|
$125,000
Loft
1 Bath
600 ft²
|
-
-
|
Miranda Saffle
Keller Williams Tri-Lakes
| |
|
08/22/2023
|
Loft
|
1 Bath
|
619 ft²
|
$149,000
Loft
1 Bath
619 ft²
|
-
-
|
Angela Whyte
White Magnolia Real Estate LLC
| |
|
12/10/2022
|
1 Bed
|
1 Bath
|
619 ft²
|
$159,000
1 Bed
1 Bath
619 ft²
|
-
-
|
Roshelle Steg
White Magnolia Real Estate LLC
| |
|
11/08/2022
|
2 Bed
|
2 Bath
|
859 ft²
|
$175,000
2 Bed
2 Bath
859 ft²
|
-
-
|
Gary M Winans
Keller Williams Tri-Lakes
| |
|
06/21/2022
|
2 Bed
|
2 Bath
|
600 ft²
|
$195,000
2 Bed
2 Bath
600 ft²
|
-
-
|
Mandi Mcclure
White Magnolia Real Estate LLC
| |
|
03/15/2022
|
1 Bed
|
1 Bath
|
619 ft²
|
$149,000
1 Bed
1 Bath
619 ft²
|
-
-
|
Kay & Jerry Fridley
Right Choice Realtors
| |
|
07/06/2021
|
1 Bed
|
1 Bath
|
619 ft²
|
$99,800
1 Bed
1 Bath
619 ft²
|
-
-
|
Afshin Boushehri
Keller Williams Tri-Lakes
| |
|
10/22/2020
|
Loft
|
1 Bath
|
600 ft²
|
$55,900
Loft
1 Bath
600 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017