10316 Longmeadow Drive
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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%.
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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 21, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by C21 Fine Homes Judge Fite | $539,000 | |
| Listed by C21 Fine Homes Judge Fite | |||
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Located in the coveted L Streets neighborhood of Lake Highlands and RISD, this meticulously maintained home embodies modern comfort and timeless charm. Recent upgrades include new windows (2021), roof and gutters (2021)and leaf guards (2022), a tankless water heater (2020), a newer AC unit (2017), ALL cast iron plumbing replaced, and backyard pipes lined. The home features an open kitchen with lots of cabinets as well as a large master closet and bathroom. The second bathroom was recently renovated as well. This home is move-in ready with so many updates both cosmetic and structural. With its prime location, impressive features, and generous living spaces, this is the perfect place to call home. DCAD says 2beds -2baths but the most recent appraisal was 3beds -2baths
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Redfin Corporation | $359,000 | |
| Listed by Redfin Corporation | |||
| Jul 29, 2017 | Listed | $359,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017