1285 Meridian Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by Fathom Realty LLC | $350,000 | |
| Listed by Fathom Realty LLC | |||
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Move In Ready ! STORY HOME!!!! This is a split floor plan with an extra half bath. Power black out curtains in the master, sunshades for the back porch.., granite countertops with a huge island over looking the living room. Open floor plan opens the kitchen, living and dining into 1. Easy to show don't pass this one up.
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| Feb 10, 2021 | No longer available | - | |
| No longer available | |||
| Feb 1, 2021 | Listed | $350,000 | |
| Listed | |||
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NO MUD TAX! Meticulously maintained 3BR, 2.5 Baths with 2520 sf is move in ready! A striking 7' lighted Texas Star greets you as you walk up. With 12' ceilings and 8' doors, Home boasts an open concept, an inviting entry with stunning engineered hardwood floors. Large LA is perfect for entertaining with lots of natural light, open to the kitchen and breakfast area. Island has been updated with subway tile and LED lighting. Master has a LARGE walk in closet, sitting area and overlooks backyard. Master Bath offers separate shower and inviting tub. All carpet has been replaced with quality gray ceramic tile. Relax on your covered patio with dual custom ceiling fans. This home is better than new, come take a look! The manager has listed the unit size as 2520 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017