1008 Meridith Drive
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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 7, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed by eXp Realty LLC | $275,000 | |
| Listed by eXp Realty LLC | |||
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Welcome Home to Peace, Privacy & Possibility in Terrell, TX. Tucked away in an established neighborhood where mature trees line the streets and neighbors still wave hello, this immaculate 3-bedroom home is the hidden gem you’ve been waiting for. With 1,530 square feet of beautifully maintained living space on a generous quarter-acre lot, this home checks all the boxes for comfort, charm, and connection to nature. Step inside to discover a light-filled layout that feels cozy yet open—perfect for everyday living or entertaining friends. The pride of ownership shines throughout, from the sparkling kitchen to the pristine flooring and thoughtful updates.But the real magic? It's out back. Your massive backyard opens up to acres and acres of serene green space. No back neighbors—just open skies, birdsong, and sunset views that feel like you're living on your own private retreat. Whether you’re sipping coffee on the patio, planting a garden, setting up a playset, or just enjoying the stillness, this yard is your canvas for outdoor living. Only minutes from the heart of Terrell, with shopping, schools, and dining nearby, yet far enough away to feel like you’re stepping into your own peaceful sanctuary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017