1 Meadow Lane
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Listed by J.Gagnon Real Estate Associates | $839,900 | |
| Listed by J.Gagnon Real Estate Associates | |||
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Welcome to this well maintained home in the heart of the highly desirable Orchard Farms neighborhood. Sitting on a corner lot with a fenced in yard, with beautiful mature shrubs and perennial gardens all around. Property Features many newer up grades including 14 replacement windows, hot water heater... Hardwood and tile flooring compliment the rooms as there are many options for an in-home office, den, playroom... Fully applianced kitchen has numerous cabinets, granite counters with large center island and skylight which opens to the living room with fireplace and a large bay window. Basement has a large cedar closet with oversize cabinets for plenty of storage as well as a spacious heated area for extra family get "away space". Driveway can accommodate 4+ vehicles... Location is steps to Riverside Elementary school. 1+ mile to Holten Richmond Middle School and 2 miles to Danvers High School... Off Rt. 62 convenient to Rt. 128 and Rt.1... T-Station 2 miles east!See Virtual Tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017