46
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1230 Meadowbrook Road NE
About This Property
Inside, you'll find a spacious and inviting floor plan featuring vaulted ceilings that create an open, airy feel throughout the main living areas. All four bedrooms are generously sized, providing plenty of room for family, guests, or a home office. The owner's suite offers a walk-in closet and a walk-in shower for everyday comfort and convenience, while the laundry room is conveniently located just off the kitchen. Step outside and discover what truly sets this property apart. The covered rear porch is equipped with an electric roll-down shutter, providing added protection and security, and overlooks an expansive screened and paved extension designed for entertaining and relaxation complimented with an in-ground spa with a beautiful waterfall feature, creating the perfect place to unwind after a long day.
Privacy is exceptional, with no rear neighbors thanks to a wide easement leading to a canal, and no direct neighbor on one side of the property. The extra open space creates the feel of a much larger lot and provides a peaceful backyard setting rarely found. Additional features include pull-down attic access in the garage for convenient storage and a spacious two-car garage.
If you're looking for a move-in-ready home with major upgrades, outstanding privacy, and an incredible outdoor living space, gem deserves a place at the top of your list. Schedule your private showing today before this one is sold!
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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%.
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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.
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017