1018 Meridith Drive
About This Property
The updated kitchen features tile flooring, sleek stainless steel appliances, a stylish subway tile backsplash, and a large island with bar seating. Cooking is a pleasure with the induction cooktop and stainless steel vent hood. Refrigerator, washer and dryer, deep freeze, and Samsung TV may convey with an acceptable offer.
Step into the expansive backyard, perfect for entertaining or family fun, complete with a ready-to-plant garden area, a versatile shed workshop or pool house with electricity, and a sparkling Heated in-ground pool and hot tub-your own private vacation oasis. The backyard also offers privacy and beautiful views.
Located within walking distance to schools, shopping, and dining, and just a short drive to Dallas, this home offers the perfect blend of convenience and tranquility.
Don't miss this opportunity-homes like this at this price don't last long!
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 7, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$307,500
↓ $11K
(3.3%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by Coldwell Banker Apex, REALTORS | $318,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017