1108 Meadows Circle #1108
About This Property
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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%.
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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 29, 2017 | Sold | ||
| Sold | |||
| Jul 19, 2017 | Listed by All Prime Realty Inc | $119,900 | |
| Listed by All Prime Realty Inc | |||
| | |||
|
LOW HOA & NO COMPULSORY COUNTRY CLUB BUY-IN.Completely remodeled from the studs. BRAND NEW KITCHEN WITH GRANITE COUNTER TOPS. Brand new A/C unit, water heater and appliances. BOTH BATHROOMS ARE BRAND NEW AS WELL . All buyer needs is to bring their furniture & clothing. WASHER AND DRYER IS IN THE UNIT AS WELL Relax on your personal screened patio over-looking the pool & large back yard. There is one time $3,500.00 Capital Contribution at closing (Buyers Capital Contribution Fee to Meadows on the Green)
| |||
| May 25, 2017 | Sold | ||
| Sold | |||
| Mar 31, 2017 | Listed by Mizner Grande Realty LLC | $80,000 | |
| Listed by Mizner Grande Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2017
| |
2 Bed
|
2 Bath
|
900 ft²
|
-
2 Bed
2 Bath
900 ft²
|
-
-
|
-
|
|
03/31/2017
|
2 Bed
|
2 Bath
|
900 ft²
|
$80,000
2 Bed
2 Bath
900 ft²
|
$65,100
-18.63%
05/25/2017
|
David M Lee
Edgestone Real Estate Inc.
|
Building Info
About Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017