11738 Brook Meadows Lane
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by eXp Realty LLC | $335,000 | |
| Listed by eXp Realty LLC | |||
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New updated in 2024 new water heater, 2023: rencents 5 ton Carrier AC condenser, gas furnace, plenum box, coil, thermostat, all duct vents replaced, Entire house with LVP flooring, new interior paint, GE dishwasher, new energy – saving induction stove, electric panel, under sink water filter, 2021 new energy saving double panel doors and windows, 2017 new roof Expecting very low maintenance living for 10-15 years. Meadows Place city is great for family with children and elders. The city has lots of great fun activities/ live music for whole family and kids in the park on every weekend. Community center offers many programs for kids like martial art, dance, youth club, survival skills class, etc at very low cost and many group activities for elders. It is a very safe community with its own police and firefighter department.
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| Jun 28, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | Listed by Intercity Realty | $270,000 | |
| Listed by Intercity Realty | |||
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Location! Location! Location! Welcome home to this 4br 2ba beauty in the heart City of Meadows Place with its own Police, Fire, EMS, nature center, low tax rate, & no HOA/MUD. House has been recently upgraded with double pane windows, roof(2017), A/C system. Well maintained landscaping, spacious backyard, mature trees, endless possibilities! Call to schedule your appointment. Won't last long.
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About Meadowglen
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Last Updated: 4 months ago
Data Source: HAR , MLS# 77594950
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017