11111 Shortmeadow Drive
About This Property
Walking distance to Lochwood Park is a plus!
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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 |
|---|---|---|---|
| Jun 17, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by U Property Management | $549,000 | |
| Listed by U Property Management | |||
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FULLY RENOVATED! Move-in ready! Highly desirable Lochwood Meadows home with mature trees and super friendly neighbors. Hard to find such well designed and sweet home. Almost everything is new!Come to see all the design details, high-end material, and hidden features by yourself. The den is the center of the home with a vaulted ceiling & fireplace offering a cozy feeling. A great space for family or friend gatherings. The master suite is equipped with a large glass shower, double vanities, and a beautiful office nook. 4th bedroom near the kitchen could also be a flex room. The large grass backyard with a new cedar fence provides ample space for entertainment.
Walking distance to Lochwood Park is a plus!
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| Oct 20, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Paragon Realtors | $350,000 | |
| Listed by Paragon Realtors | |||
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ATTENTION INVESTORS! Price reduced & Back on Market. HIGHLY Desirable Lochwood Meadows Ranch home on quiet non-thru street with mature trees. Could be a great rental or resale opportunity. The den is the center of the home w vaulted ceiling & fireplace that will keep you cozy warm and is a great space for doing puzzles, sipping wine or watching Netflix. Dine in galley kitchen with open upper shelving & duel sinks. 4th bedroom near kitchen could also be music room, office or playroom. Front living room has plenty of room for a formal dining table if you choose. Master bedroom is generously sized with walk in closet. 2nd & 3rd bedrooms share a Jack and Jill bath. Close to White Rock Lake & Dallas Arboretum.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017