1
Map
28875 Memory Lane
About This Property
Payment Calculator
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | Listed by VIP Premier Realty Corp | $619,000 | |
| Listed by VIP Premier Realty Corp | |||
| | |||
|
Ranch Style home on One Acre of land , all single level with Circular Driveway, land for many cars, trucks or company to park, plus double gates for privacy to excess to back of property to a Huge Covered Workshop for many, many uses. Property comes with a large shipping container that can be converted for many uses too. Container is being used for sellers storage but new buyers can use their ideas according to their needs. Property use to have corrals but sellers removed and according to previous owners they had a horse or horses at sometime. There's also a small trailer that's livable in the back, per sellers, county informed them that permit is not needed not unless a trailer or mobile home is over 50 ft long. Home is in fair condition and has a small patio area added with shade and has window AC's and uses propane for gas. Has it's own septic, both homes have their own septic and sellers just had them serviced and certified. This can be a nice income property for extra help or for in laws , ect, ect. It's a must see property and now in days is hard to find with land and near all shopping and with easy excess to the freeways. Sellers also did some upgrades in the home, including a bonus room in garage, doors are there if buyers wish to reopen. this property has too much to offer, it's like a ranch near the city, there's new communities around the area and property like this for big families or for many uses can be hard to find. This is a beautiful property. Home has 2 fireplaces, all rock from ceiling to floor, just beautiful. too much to describe.
| |||
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed by Coldwell Banker Assoc.Brkr-Mur | $365,000 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
| Jul 9, 2017 | Listed | $442,900 | |
| Listed | |||
| | |||
|
DRIVE DOWN MEMORY LANE AND PULL IN TO YOUR CIRCULAR DRIVEWAY TO YOUR RANCH STYLE HOME NESTLED IN THE TREES OF WINCHESTER. LIVING AREA COMPLETE WITH TWO ROCK WALL FIREPLACES WITH LIGHTED SHELVES. COUNTRY STYLE LIVING BUT WITH CONVENIENT ACCESS TO THE 15/215 FWY AND MINUTES TO ALL THE NEW SHOPS IN MENIFEE. IDEAL SPACE FOR HORSE LOVERS TO ENJOY RIDING IN THE BEAUTIFUL BACK HILLS WITHOUT THE HASSLE OF TRAILERING. TWO PIPE CORALS, PLUMBED FOR A WASH RACK, CHICKEN COUP, FOR FARM FRESH EGGS, BACKYARD AREA WITH SPRINKLERS AND FIRE PIT. COVERED SHOP AREA SET UP FOR WELDING AND A TWO BEDROOM, 800 SQ. FT. TRAILER, COMPLETE WITH KITCHEN AND BATHROOM, THAT COULD BE USED AS AN ARTS AND CRAFTS HOUSE, TACK ROOM, OR RENTAL INCOME. The manager has listed the unit size as 1786 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017