0 Meadowbrook Rd
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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Jacob Realty, LLC | $800,000 | |
| Listed by Jacob Realty, LLC | |||
| Mar 3, 2026 | Listed by Jacob Realty, LLC | $800,000 | |
| Listed by Jacob Realty, LLC | |||
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Attention Residential Developers - Rehab Centers - Child Care Operators and many more. Unique Opportunity for both Residential or Commercial Development at the former Whiting Estates. Possibility for Many and Diverse Uses Including: Residential Care or Rehabilitation Center, Child Care Facility, Family Day Care Home, Residential Subdivision, Religious Centers, etc. This 14.1 AC parcel Combined with adjacent 8.83 AC lot could enable a developer to build a Residential Subdivision of 28 Single Family homes. See Concept Plan attached. Zoned: R-1A, Residential 1A- Utilities : Municipal Water and Sewer- Private Artesian Well and Fire Hydrant- Conveniently Situated at corner of Homestead Ave & Meadowbrook Rd.- Frontage also on Interstate Route 91 - High Traffic Count- Neighbors include Amazon, Cracker Barrel Old Country Store, etc.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017