5 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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Price Decreased |
$1,099,000
↓ $26K
(2.3%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed | $1,125,000 | |
| Listed | |||
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Take a stroll down Memory Lane in this beautiful West Side center entrance colonial on a quiet cul de sac! Bright and airy first floor features updated kitchen with white shaker cabinetry, marble countertops, stainless steel appliances and coffee bar with mini fridge. The extensive island is the perfect spot for entertaining guests and hosting holidays. Open concept living room/dining room is a warm and inviting space, perfect for relaxing and gatherings. On the second level, spacious primary suite offering full bath and a large walk in closet. Second floor has 2 additional bedrooms, a full bath with laundry, and an office. Unique and versatile media room on 3rd floor. Bonus room in the basement is perfect for a gym or home office. Beautifully landscaped yard with a deck, farmer’s porch, and patio/basketball court. Property is convenient to downtown, Lake Quannapowitt and Routes 93/95. Don’t miss this turn key opportunity !
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| Jul 31, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017