10240 MEADOW POINT Drive
About This Property
You will not believe the breathtaking backyard view! The private lake and woods are home to several species of fish, birds, and even deer. No one can build on the nature preserve across the lake, so you will never have to worry about having neighbors behind you. When you step outside onto the Mediterranean styled stone patio and enjoy the peacefulness surrounding you, you will forget that you are living in a subdivision. In addition to the new paint job, in 2017 the roof and the main A/C unit were replaced. Come start your mornings enjoying the picturesque view of nature while enjoying a cup of coffee.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 27, 2018 | Sold | ||
| Sold | |||
| Sep 22, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Price Decreased |
$244,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Aug 23, 2018 | Price Increased |
$249,800
↑ $5K
(2%) | |
| Price Increased | |||
| Aug 14, 2018 | Listed | $244,900 | |
| Listed | |||
| | |||
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This home has just been painted and is a must see! With an open floor plan, split bedrooms, and a private upstairs bedroom with its own bathroom, this home is perfect for entertaining guests and for family life. Features include a separate office, formal dining room, and many upgrades throughout including tile and laminate hardwood floors. You will not believe the breathtaking backyard view! The private lake and woods are home to several species of fish, birds, and even deer. No one can build on the nature preserve across the lake, so you will never have to worry about having neighbors behind you. When you step outside onto the Mediterranean styled stone patio and enjoy the peacefulness surrounding you, you will forget that you are living in a subdivision. The manager has listed the unit size as 2574 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017