100 S Meadow 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 |
|---|---|---|---|
| Apr 21, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed | $274,000 | |
| Listed | |||
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This beautiful custom home built by Elmwood Custom Homes is located in South Meadow Addition, which is considered the premier subdivision in Ferris! This home features 3 bedrooms, all with their own private bath, as well as a half bath for common use. Features include a gas tank-less water heater, foam insulation, scored stain concrete floors. Kitchen has stainless appliances, quartz counters, custom cabinets, farm sink and walk in pantry. Electric range in kitchen, but plumbed for gas as well. Coffered ceilings and glass, french doors in the study! Bedrooms split for privacy. Corner lot with irrigation system and privacy fencing. Walk to Ferris Junior High and Ferris High School. 20 minutes to Downtown Dallas! The manager has listed the unit size as 2124 square feet.
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| Jan 30, 2020 | Listed by Kelly Harris Company,LLC | $274,000 | |
| Listed by Kelly Harris Company,LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017