42
Map
1197 Three 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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Price Decreased |
$398,000
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Feb 29, 2024 | Listed by RE/MAX Aerospace Realty | $400,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Nestled in a serene neighborhood, this Gorgeous remodeled home has both style and practicality. Boasting three bedrooms and two full bathrooms, the layout seamlessly integrates a cozy living room, a designated dining area, and a versatile family room. The kitchen, adorned with 42'' custom cabinets, soft-close drawers, and quartz countertops, stands as the culinary focal point. Safety and durability are ensured with hurricane impact windows and newer roof. The privacy-fenced backyard, complete with a screened-in patio, enhances outdoor living, all situated on a corner lot, providing both charm and ample natural light. Recent home upgrades include an HVAC condenser in January 2019, kitchen, floors, and hurricane windows in July 2022, a gas water heater in January 2023, roof replacement in July 2023, and a backup generator transfer switch installed in August 2023. Conveniently situated near excellent schools, shopping centers, restaurants, & I-95. Less than $100 a year for the HOA fee.
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| May 17, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017