12227 Meadow Breeze Drive
About This Property
The home includes a wide range of standard features such as 2" faux wood blinds, rounded corners, ceiling fans, tile flooring in all wet areas, and Energy Star efficiency with TechShield radiant barrier. The spacious kitchen is equipped with 42" cabinetry, a gas cooktop, and a full stainless steel appliance package-including refrigerator, washer, and dryer. The inviting living area is anchored by a cast stone fireplace, perfect for both everyday living and entertaining. A fantastic opportunity to own a move-in ready home in one of the area's most desirable master-planned communities.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Douglas Elliman Real Estate | $395,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017