33
Map
1224 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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Price Decreased |
$330,000
↓ $28K
(7.8%) | |
| Price Decreased | |||
| Nov 27, 2023 | Listed by HOUSEMAX PRO REALTY | $358,000 | |
| Listed by HOUSEMAX PRO REALTY | |||
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Welcome to Three Meadows community of Rockledge! This charming 3-bedroom, 2-bathroom residence boasts a spacious interior, featuring a large living room perfect for entertaining & a cozy fireplace for those cool Florida evenings. The professionally enclosed Sunroom w/AC along with unique tongue & groove ceiling & ample natural light results in this being a fabulous bonus room. Upgrades include a newer roof, windows, AC & duct work. 2-car garage, along with long oversize driveway gives plenty of parking. Nestled on a generous corner lot, the home offers outdoor space for recreation and relaxation. Whole house generator, along with extremely low yearly HOA (under $100/yearly), sought after neighborhood, close to schools, parks,& shopping. Three Meadows, where comfort & community converge.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017