51 Memorial Drive
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 |
|---|---|---|---|
| Oct 2, 2018 | Sold | ||
| Sold | |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by MerryFox Realty | $499,000 | |
| Listed by MerryFox Realty | |||
| Aug 16, 2013 | Sold | ||
| Sold | |||
| May 7, 2013 | Listed by Tache Real Estate, Inc. | $374,900 | |
| Listed by Tache Real Estate, Inc. | |||
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Salem Willows waterfront. Tie your boat up at your private dock and live on the water. This is your opportunity!! 3 bedroom Cape, hardwood floors and water views. 1st floor bedroom, eat-in kitchen, 3 season room. Lovely landscaped lot with sprinkler system, waterfront deck and dock. Garage with electric eye and plenty of additional parking. ADT alarm system wired in.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017