17
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1114 Meadowlark Driv
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%.
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 |
|---|---|---|---|
| May 28, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$580,320
↓ $24K
(4%) | |
| Price Decreased | |||
| Dec 12, 2025 | Listed by Real Estate Advisory Team, LLC | $604,500 | |
| Listed by Real Estate Advisory Team, LLC | |||
| Oct 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 28, 2025 | Listed by Real Estate Advisory Team, LLC | $1,268,400 | |
| Listed by Real Estate Advisory Team, LLC | |||
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Prime +-9.06 acres in Fredericksburg City Limits, R-1 Zoned with additional acreage available! This exceptional property, offers an ideal canvas to build your dream home with a serene farm estate in the city limits. Subdivision of the property into City Lots would be done through the City replating process. City utilities are conveniently located in the street, and 24-inch sewer lines are ready for your project. With close proximity to Fredericksburg's vibrant Main St, boasting over 100 restaurants, bars, and shops. This is an unmatched opportunity within the City Limits of Fredericksburg. There is already a driveway in place at the Street and a water tap in place. There is a small cabin on the property with city water, sewer, Atmos Gas and CTEC electric hooked up. Additional acreage includes both sides of Barons Creek. Total of 4.067 acres available in addition to the 9.06 acres.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017