5707 Memorial
About This Property
***BACK ON THE MARKET - PREVIOUS BUYER UNABLE TO SECURE FINANCING*** WELCOME HOME to this beautiful 2 story home with a floorplan perfect for entertaining! Your summer just got better with this private in-ground pool. The home boasts 4 large bedrooms, 3 living rooms, 2 dining rooms and an updated kitchen with lots of cabinets and workspace that will delight the chef in the family! Primary bedroom has 2 closets, an ensuite bathroom with a tub and separate shower. All secondary bedrooms are upstairs. A large builtin custom bookshelf and workstation is in the game room - flex room upstairs. Soaring ceilings neutral colors, window treatments, lots of sunlight, spacious and inviting - this home offers it all. Make this home your next home!
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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 11, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Turner Massey Realty, LLC. | $450,000 | |
| Listed by Turner Massey Realty, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017