48 Memory Ln
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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Simply Sell Realty | $315,000 | |
| Listed by Simply Sell Realty | |||
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Welcome to your new home! This cute 3 bedroom, 1 bath, move in ready ranch style home is located on a spacious ½ acre lot. The bright living room, highlighted by a large picture window, flows effortlessly into the kitchen. The kitchen features modern appliances, under cabinet lighting and ample counter and cabinet space. Three generously sized bedrooms provide comfort and privacy. This home also offers the bonus of a partially finished basement. There is also an enclosed porch to enjoy your morning coffee and then walk out to your large deck to sit in the sun and enjoy your pool and partially fenced in back yard. A beautiful raised bed garden awaits your Spring planting. Enjoy fresh apples, strawberries, blueberries and raspberries right from your own yard. Just steps from your front door you’ll find hiking trails, Tully Lake and Tully Mountain, offering many opportunities for outdoor adventures.
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| Jan 22, 2016 | Sold | ||
| Sold | |||
| Nov 22, 2015 | Listed by HOMETOWN REALTORS® | $132,000 | |
| Listed by HOMETOWN REALTORS® | |||
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Nicely maintained 3 bedroom ranch with a large fenced in yard. Great location, out of town but still in an established neighborhood. Enjoy peace and quiet from the large composite deck overlooking the yard or from the bright 3 season room. Move-in ready, don't wait this is a must see
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017