59
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12179 OPEN MEADOW LANE
About This Property
Welcome to this beautifully updated home offering fresh, modern finishes, generous living spaces, and a fantastic corner lot. Fresh neutral paint, hardwood floors, new carpet, and thoughtful updates throughout create a warm, move-in-ready backdrop perfect for any style of furnishings.
The main level offers a functional and inviting layout with a formal living room, dining room, and private office, all enhanced by beautiful trim work. At the heart of the home, the modern updated eat-in kitchen offers plenty of space for everyday living and entertaining and opens seamlessly to the family room with a cozy gas fireplace.
Upstairs, four generously sized bedrooms include the spacious primary suite, complete with a large closet and beautifully renovated en-suite bath. Newly renovated bathrooms throughout bring a fresh, modern feel to the home.
The lower level provides ample additional living space ready to fit your needs, whether you envision a recreation room, home gym, guest space, or additional office. A full bath and laundry area add even more functionality.
Outside, enjoy a great corner lot and flat backyard with plenty of room for play, entertaining, or simply relaxing outdoors. Valuable updates include newer windows, roof, HVAC, and water heater, all approximately 4–5 years old.
Enjoy community amenities including a pool and tennis courts, along with an incredibly convenient location close to multiple shopping centers, dining, everyday conveniences, and major commuter routes.
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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 7, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Price Decreased |
$789,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by Property Collective | $800,000 | |
| Listed by Property Collective | |||
| Sep 1, 2021 | No longer available | - | |
| No longer available | |||
| Jul 20, 2021 | Price Decreased |
$590,000
↓ $40K
(6.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017