25
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1020 Meadowbrook Road NE
About This Property
Relax in the sun in your screened pool/lanai area or enjoy the large back yard. This property has FL natural landscaping for easy upkeep & an indoor laundry room. Enjoy the large kitchen w/breakfast bar & extra space which can be used for any type of additional living space. Lots of cabinets/pantry that lead you the laundry room & garage. Large master suite with walk-in closet, ENORMOUS master bathroom w/large soaking tub, double sinks, linen closet & walk-in shower. Enjoy the huge family room which has wonderful views of the pool and outdoors!!
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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 |
|---|---|---|---|
| Feb 12, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | Listed by Grand Star Realty of Brevard | $389,000 | |
| Listed by Grand Star Realty of Brevard | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017