101 Meadow Arbor Drive
About This Property
BIG CORNER LOT !!! SUPER PLUSH YARD & BEDS !!! Beautiful house with all the standard features you'd expect from properties in trendy ELLIS CREEK RANCH. This home has particularly good natural lighting and cool window design and shape. Excellent back porch and yard with pipe fence and no climb wire. Strong water well and we are ready to SELL !!!
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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 18, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Relisted | $599,000 | |
| Relisted | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
| Apr 21, 2023 | Listed by Keller Williams Southlake- Dallas DFW (DRO Management II, LLC) | $599,000 | |
| Listed by Keller Williams Southlake- Dallas DFW (DRO Management II, LLC) | |||
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Well maintained home in the highly desired Ellis Creek Ranch subdivision. Large corner lot with a side entry drive leading up to the 3 car garage. You'll love the floorplan with split bedrooms. Main bedroom is large with a huge walk-in closet, separate shower, dual vanities with a lowered makeup area in the middle. Kitchen boast an island, great cabinet space, and large pantry. Extended back patio is perfect for relaxing or entertaining. The manager has listed the unit size as 2403 square feet.
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| Jun 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017