$65,839*
●
House -
Off Market
4 Memory Lane #3
Branson, MO 65616
1 Bed
1 Bath
600 Ft²
$50,000 - $60,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Great opportunity to purchase a true one bedroom walk-in codo (not
a studio) with many possibilities. Unit currently has a long term
renter that is due to vacate on October 3rd. The unit has
been priced with a full and complete renovation needed on the unit.
List price is FIRM. Save money and do this flip to your personal
taste and enjoy this money making unit. Check into the nightly
rental program and allow the unit pay for itself. Better yet, this
unit is perfect for full time affordable living. Fall Creek Condos
is only minutes to Table Rock Damn and Table Rock Lake. This unit
is tucked away from all the hustle, yet only minutes to all the
Branson attractions and the Branson Landing.
The manager has listed the unit size as 600 square feet.
The manager has listed the unit size as 600 square feet.
Unit Size
600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$98
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 3, 2022 | No longer available | - | |
| No longer available | |||
| May 1, 2022 | In contract | - | |
| In contract | |||
| Apr 25, 2022 | Listed | $147,900 | |
| Listed | |||
| | |||
|
Almost all new interior, remodeled completed 4/2022, includes: Brand NEW kitchen cabinets and bathroom vanity. New interior doors. New flooring. New interior paint. New counter top. New blinds. New toilet. New HVAC/ New compressor, and cleaned the duct work. WALK-IN UNIT. This condo has a wonderful view of the fountain on the pond. This FULLY FURNISHED unit is turn key . The brand new king mattress has never been slept on. Ready for you to place in your investment portfolio. This unit is within a 5-10 minute drive to Table Rock Lake, and only minutes to all of Branson attractions. Yes, you can place this unit in a nightly rental program of your choice, or live here full time. The manager has listed the unit size as 551 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2021 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2024
|
Loft
|
2 Bath
|
912 ft²
|
$199,900
Loft
2 Bath
912 ft²
|
-
-
|
Kathleen Haworth
Sue Carter Real Estate Group
| |
|
09/08/2023
|
Loft
|
2 Bath
|
912 ft²
|
$204,900
Loft
2 Bath
912 ft²
|
-
-
|
Kathleen Haworth
Sue Carter Real Estate Group
| |
|
07/25/2022
|
2 Bed
|
2 Bath
|
859 ft²
|
$174,900
2 Bed
2 Bath
859 ft²
|
-
-
|
Stacey A Koehler
Green Mountain Realty, Inc.
| |
|
04/25/2022
|
1 Bed
|
1 Bath
|
551 ft²
|
$147,900
1 Bed
1 Bath
551 ft²
|
-
-
|
Teresa C Hilliard
Keller Williams Tri-Lakes
| |
|
08/06/2021
|
2 Bed
|
2 Bath
|
760 ft²
|
$114,900
2 Bed
2 Bath
760 ft²
|
-
-
|
Kelly M Grisham
RE/MAX Associated Brokers Inc.
| |
|
07/26/2021
|
1 Bed
|
1 Bath
|
600 ft²
|
$58,500
1 Bed
1 Bath
600 ft²
|
-
-
|
Teresa C Hilliard
Keller Williams Tri-Lakes
| |
|
05/28/2021
| |
2 Bed
|
2 Bath
|
941 ft²
|
$110,000
2 Bed
2 Bath
941 ft²
|
-
-
|
Patty Silliman
Silliman Realty & Associates
|
Building Info
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