11422 Meadoway 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 29, 2023 | Sold | ||
| Sold | |||
| Oct 23, 2023 | Listed by ABSOLUTE Realty Group Inc. | $215,000 | |
| Listed by ABSOLUTE Realty Group Inc. | |||
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The 3 bedrooms 2 baths is nested in Wood Meadows subdivision. You are welcome by the cozy Livingroom with a brick fireplace. The tile floor throughout the house is easy to clean. The kitchen features open with the living room. Breakfast area's view is delightful by the huge & beautiful backyard that is well maintained by the homeowner. Easy access to 45 Gulf Freeway and Beltway 8. Schedule your showing today since the great deal wont last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017