1112 Meadows AVENUE
About This Property
Step outside into your very own backyard oasis. The expansive outdoor area includes a covered lanai, ideal for relaxing or entertaining while overlooking the tranquil waters of Lake Fairview. A private boat dock provides direct access to the lake, offering endless possibilities for water activities, fishing, or simply enjoying the stunning sunsets. Whether you're hosting a barbecue with friends or unwinding after a long day, this backyard is a true sanctuary.
Located on a quiet dead-end street, this home offers privacy and tranquility, while still being close to the vibrant amenities of College Park. Enjoy the best of both worlds-peaceful lakefront living with convenient access to shops, restaurants, and parks. This property is a rare find, combining modern comfort with a beautiful natural setting, making it the perfect place to call home.
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Price Decreased |
$648,990
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jan 28, 2025 | Relisted | $649,990 | |
| Relisted | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017