18
Map
12-3 Needle Eye
About This Property
Listed By
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Cap Rate Calculator
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 2, 2026 | Listed by RE/MAX Synergy | $1,600,000 | |
| Listed by RE/MAX Synergy | |||
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Feb 8, 2026 | Price Decreased |
$205,000
↓ $10K
(4.7%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by Meredith Landing Real Estate LLC | $215,000 | |
| Listed by Meredith Landing Real Estate LLC | |||
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MEREDITH: If you're looking to build your dream home in The Lakes Region, this may be the perfect spot to call home. Needle Eye Rd is nestled between two hustling area of this region; downtown Meredith and The Weirs Beach. Sited on a loop road, this is a road mainly used for residents as there is no access for shortcuts or alternatives to reach a different destination. Close by to all local recreation and amenities including boating, swimming, hiking, dining, shopping, skiing and snowmobiling .. and the list goes on! Few building lots are left in this neighborhood, don't let the opportunity pass you by to build the home you've been dreaming of!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017