11838 Oak Meadow 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 |
|---|---|---|---|
| Aug 23, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Compass RE Texas, LLC | $319,900 | |
| Listed by Compass RE Texas, LLC | |||
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Incredibly updated 1-story in Meadows Place offering a long list of interior interior & exterior updates! Highlights include: beautiful Quartz kitchen, Quartz baths, porcelain wood-look tile flooring, 6-year roof & added insulation, tankless water heater & water softener, double pane windows & doors, infrastructure in place for generator, updated electrical box, replaced gutters. Meadows Place is conveniently located near Highway 59 & Beltway 8 for ease in and out of the city, with shopping and dining at The Fountains, The Grid & Sugar Land Town Center just minutes away. Meadows Place offers community pool, park with lake and trails, Discovery and Nature Center & private police department; fire station and EMS are just blocks away, no HOA or MUD, and zoned to the new Meadows Elementary.
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About Meadowglen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017