110 Meadow Gate Drive
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Keystone Realty Group | $400,000 | |
| Listed by Keystone Realty Group | |||
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Beautiful 1-story in Clear Creek Meadows with spacious porte cochere, over-sized garage, and huge covered back patio (24' x 17')! NEVER FLOODED. New AC (including furnace, ductwork, Halo) in 2022. New Roof in 2024. LOW TAXES (approximately 1.67% tax rate). This home has a fantastic floor plan. Very large kitchen features stainless appliances, Bosch Dishwasher, Double ovens (one gas and one electric) 5 burner gas stove, and a large island. There is also a 7x6 walk in pantry. The open concept connects to the living room which features a corner fireplace and custom cabinetry is negotiable (easy to remove as well). Formal dining room connects to the kitchen as well. The primary suite features a soaking bathtub and separate shower, 2 sinks, and 2 walk in closets. There really are too many features to list - but 2 others to enjoy are the beautiful storm doors and the plantation shutters! CCISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017