129 Meadow Lake Drive
About This Property
Relax in your screened porch overlooking the charming paver brick back patio which has extra power outlets for string lights etc.. Outside, immerse yourself in tranquility with professionally landscaped, low-maintenance yard encapsulating new sod, blooming flower beds, and mature shrubbery.... The perfect atmosphere for al fresco dining/summer BBQs! This home is fully outfitted as an Alexa/Google Smart home for your comfort and convenience. An oversized 2 car garage w/a dedicated circuit outlet for a freezer & meticulously integrated gutter system complete the outdoor aesthetics. For the community enthusiast, Hammock Bay offers enticing amenities, including multiple pools, a fitness center, sports complex, a bay front clubhouse, and miles of serene walking trails. Experience an enriched lifestyle with $33,000 of Randy Wise luxurious upgrades without the premium tag! Arrange a private showing and make the everyday extraordinary.
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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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by RE/MAX Coastal Properties | $544,300 | |
| Listed by RE/MAX Coastal Properties | |||
| Jun 17, 2025 | Price Decreased |
$539,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017