3 Memory Lane #7
About This Property
The manager has listed the unit size as 859 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 |
|---|---|---|---|
| Oct 8, 2023 | No longer available | - | |
| No longer available | |||
| Sep 12, 2023 | In contract | - | |
| In contract | |||
| Aug 18, 2023 | Price Decreased |
$179,900
↓ $5K
(2.7%) | |
| Price Decreased | |||
| Jul 13, 2023 | Listed | $184,900 | |
| Listed | |||
| | |||
|
Be sure to check out the unique design of this meticulously kept unit. Tastefully decorated and fully furnished / turn-key ready, this 2 bed & 2 full bath condo in Fall Creek has potential for comfortable full time living or future rental income. Unique kitchen and living layout with master bedroom, bath and laundry all located on the main level. Upper loft, second bath and 2 BONUS areas for sleeping or extra storage sets this one apart from most units. Don't miss the opportunity to own this special place in one of the Midwest's premier destinations. The manager has listed the unit size as 859 square feet.
| |||
| Mar 10, 2023 | No longer available | - | |
| No longer available | |||
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
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017