118 High Meadows Drive
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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Sep 17, 2023 | Listed by Prime Properties | $329,000 | |
| Listed by Prime Properties | |||
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Discover the epitome of comfortable living in this charming 3-bedroom, 2-bath haven nestled in New Territory's coveted neighborhood. A beacon of quality education, this home is zoned to Fort Bend ISD's esteemed schools. It boasts a seamless layout with a kitchen flowing openly into the family room, promoting effortless interaction. The kitchen features an inviting island and a wrap-around serving bar for both convenience & style. Adorned with tile and laminate flooring, it exudes a blend of elegance & practicality. Feel the warmth of the gas fireplace on cozy evenings. Retreat outdoors to a wood deck embraced by mature trees, ensuring relaxation & privacy. Beyond the property, swift access to Highways 90, 99, and 59 for retail, dining, & medical facilities with ease. Recent updates abound, including 2019 roof & gutter replacement, 2022 HVAC replacement, 2023 water heater, and a freshly redone back fence section. This home harmonizes comfort, location, and top-notch features seamlessly.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017