3 Memory Lane #3
About This Property
The manager has listed the unit size as 635 square feet.
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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 |
|---|---|---|---|
| Feb 22, 2023 | No longer available | - | |
| No longer available | |||
| Jan 10, 2023 | Listed | $160,000 | |
| Listed | |||
| Feb 15, 2022 | No longer available | - | |
| No longer available | |||
| Dec 15, 2021 | Listed | $139,900 | |
| Listed | |||
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Turn key nightly rental condo with full Diamond Amenity package. Rare for one of these, with amenities, to hit the market. Located just across the street from the indoor pool, mini-golf course, and all the great things to do inside the community center building.Recently updated,, including brand new HVAC unit, makes this unit a strong rental condo the day you get the keys. The manager has listed the unit size as 635 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/06/2024
|
Loft
|
2 Bath
|
859 ft²
|
$166,900
Loft
2 Bath
859 ft²
|
-
-
|
Christopher James
Keller Williams Tri-Lakes
| |
|
02/13/2024
|
Loft
|
2 Bath
|
859 ft²
|
$179,900
Loft
2 Bath
859 ft²
|
-
-
|
Brock Sells, LLC
Sherrell Realty & Assoc., LLC
| |
|
07/13/2023
|
Loft
|
2 Bath
|
859 ft²
|
$184,900
Loft
2 Bath
859 ft²
|
-
-
|
Audrey E Spratt
Weichert, REALTORS - Good Life
| |
|
01/10/2023
|
1 Bed
|
1 Bath
|
635 ft²
|
$160,000
1 Bed
1 Bath
635 ft²
|
-
-
|
Jon Hulsizer
Century 21 Integrity
| |
|
09/08/2022
|
2 Bed
|
2 Bath
|
859 ft²
|
$199,900
2 Bed
2 Bath
859 ft²
|
-
-
|
Kelly M Grisham
RE/MAX Associated Brokers Inc.
| |
|
06/18/2022
| |
2 Bed
|
2 Bath
|
859 ft²
|
$199,800
2 Bed
2 Bath
859 ft²
|
-
-
|
Audrey E Spratt
Weichert, REALTORS - Good Life
|
|
12/15/2021
|
1 Bed
|
1 Bath
|
635 ft²
|
$139,900
1 Bed
1 Bath
635 ft²
|
-
-
|
Dan Boone
Keller Williams Tri-Lakes
| |
|
06/29/2019
| |
2 Bed
|
2 Bath
|
659 ft²
|
$65,000
2 Bed
2 Bath
659 ft²
|
-
-
|
-
|
|
12/26/2018
|
2 Bed
|
2 Bath
|
859 ft²
|
$73,900
2 Bed
2 Bath
859 ft²
|
-
-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017