2207 Memory LN
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 |
|---|---|---|---|
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Price Decreased |
$330,000
↓ $9K
(2.7%) | |
| Price Decreased | |||
| May 17, 2024 | Listed by Coldwell Banker Realty | $339,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 20, 2023 | No longer available | - | |
| No longer available | |||
| Aug 2, 2023 | Listed by RE/MAX 1 | $335,000 | |
| Listed by RE/MAX 1 | |||
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This inviting ranch style home is nestled in the quite Savannah Heights neighborhood. As you step inside, you'll be greeted with a hallway leading to the formal Living/Dining area. Across is an office with elegant French door. Luxury vinyl plank flooring graces the house, complemented by multiple windows that bath the space in natural light. The heart of the home is the chef's kitchen, featuring granite countertops, large island, stylish cabinets, a tasteful tile backsplash, and ample storage space. The kitchen also offers a walk-in pantry. The open-concept living room is a perfect space for relaxation with its high ceilings and a cozy fireplace. The large Primary bedroom is a serene retreat with multiple windows and an attached bath showcasing tile floors, a step-in shower, his and her vanity, and a walk-n closet. Two additional bedrooms are equally spacious. Adding to the charm, a sunroom providing a versatile space. The home is located only 5 min. from Carl Levine Park, and Hwy 190. The manager has listed the unit size as 2443 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017