5611 Memorial
About This Property
Welcome to this stunning 4-bedroom home nestled in the highly desirable Hunter Bend neighborhood, located within the popular Martin High School zone. Boasting a private backyard oasis, this home features a sparkling pool with a sundeck, a spacious covered patio perfect for entertaining, a detached oversized garage, and a gated extended driveway-offering extra play space and additional yard area. Step inside to find two expansive living and dining areas on the main floor, accented by rich wood floors and a charming wood-burning fireplace. The open-concept kitchen has been tastefully remodeled with granite countertops, a center island, and stainless steel appliances-perfect for both everyday living and hosting guests.
The oversized primary suite is conveniently located on the first floor and features a beautifully updated ensuite bath and generous space for relaxing. Upstairs, you'll find three nicely sized bedrooms with ample closet space, a full bathroom, and a large game room-ideal for family fun or a home office setup. Tucked away yet close to everything, this hidden gem offers easy access to shopping, dining, and entertainment, all while being part of a vibrant, well-established community.
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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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by eXp Realty LLC | $525,000 | |
| Listed by eXp Realty LLC | |||
Property Highlights
Building Info
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Price/ft²
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About Southwest Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017