31-39 Memory Lane
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 |
|---|---|---|---|
| Nov 19, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2018 | Listed by Peter W. Powell Real Estate | $359,000 | |
| Listed by Peter W. Powell Real Estate | |||
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FOREST LAKE, A Family Compound: Beautifully and privately located on 2.61 acres with 259' of lakefront, at an end of private road location, this quiet and protected cluster of cottages, including one capable of year round use, will be a perfect retreat for generations of family and friends. A new and sophisticated septic system serves all the structures, built to accommodate up to 11 bedrooms. There is a lovely, refurbished central cottage on the water; three smaller, 2 bedroom camps; and a larger 3 bedroom, 3 season cottage off the water. Each cottage and camp has its own dock, and the frontage on the water is perfect for every use from swimming to fishing to boating. This is an opportunity to immediately secure for those who may join you, available in its entirety for only $359,000!
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| Dec 14, 2012 | Sold | ||
| Sold | |||
| Dec 28, 2011 | Listed by Gallus and Green REALTORS® | $299,000 | |
| Listed by Gallus and Green REALTORS® | |||
| Jul 18, 2011 | Listed by Gallus and Green REALTORS® | $299,000 | |
| Listed by Gallus and Green REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017