131 MEADOW LN
About This Property
Charm embraces anyone arriving at this home. From the beautiful, well kempt neighborhood to the immaculate landscaping of the home itself, this is a well maintained home. The scent of fresh flowers greets guests from the walkway. Upon entering, one will quickly note the neutral, tranquil decor that adds warmth and welcome. Many upgrades await the new owners. The kitchen has corian countertops, tall 42 inch cabinets, and a large breakfast bar. Nearby is a beautiful fireplace in the eat in portion of the kitchen complete with decorative tile flooring. There is a formal living and dining space which leads you through double french doors into a spectacular family room with high ceilings, another fireplace, and tall windows that provide an amazing view of the backyard. The picturesque views of the fenced-in backyard are truly Home and Garden Magazine worthy. From this two-story family room, there is a second staircase that leads upstairs to the primary bedroom. Once upstairs, there are four bedrooms and two full bathrooms. The primary bathroom has been nicely updated. Additional rooms include a nicely sized laundry room and a first floor powder room. The stunning vessel sink in the powder room is sure to catch the eye. The home itself provides ample space, but there is a full basement just waiting for you to design. For even more storage, there is an attached, two car garage. For entertaining, there is a large deck just off the kitchen overlooking the lavish lawn. Enjoy the fun of the fire pit as you make s'mores or memories. This truly serene outdoor space is perfect for relaxing. Backyard maintenance is a breeze with golf course worth 14 zone sprinkler system. The proximity to wonderful amenities will seem far away, even though they are just around the corner. In minutes you can easily be at the grocery store, gas station, access routes 73 and 70, award winning schools, and let's not forget The Promenade which features upscale retail shopping and restaurants that range from fine dining to acai bowls. All of this plus a new 50 year roof over the garage, a tankless hot water heater, energy efficient Castle windows, and an HVAC system that is 12 years young. Don't let this one be the one that got away, it is special!
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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 |
|---|---|---|---|
| Jun 29, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Long & Foster Real Estate, Inc. | $469,999 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017