1425 Meadowlakes Drive
About This Property
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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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Jason Mitchell Real Estate | $369,900 | |
| Listed by Jason Mitchell Real Estate | |||
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This beautiful 3 Bedroom and 3 full bath home boasts over 2,500 Sqft and sitting on 10,011 Sqft of lot size. This home was designed for entertainment with the open concept kitchen overlooking the living room is perfect for those family gatherings. There is a great loft space upstairs with a wet bar and a full bathroom that would work perfectly for a movie theater or game room. The owners have installed a brand new AC unit that controls the loft as well. This home has been very well maintained and cared with love.
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| Jun 5, 2020 | Sold | ||
| Sold | |||
| Dec 28, 2019 | Listed by Marsha Hardin Real Estate LLC | $249,900 | |
| Listed by Marsha Hardin Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017