1503 Meadowgate 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%.
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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 |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Keller Williams Realty DPR | $425,000 | |
| Listed by Keller Williams Realty DPR | |||
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Lovely landscaping and mature shade trees welcome you home to this well-maintained 3-bedroom, 2 bath home in East Richardson. Step inside to find a wonderful family-friendly, open concept, versatile floor plan. Perfect for entertaining, a spacious, vaulted living room greets you and guests upon entry and features a cozy wood burning fireplace and wet bar with wine fridge and is open to both the formal dining area and a second sizeable living room. Use the secondary living room as a media room or flex space for games, homeschooling, crafts or a workspace - the possibilities are endless! Light and bright kitchen features stainless steel appliances, double ovens, and a breakfast room with built-in hutch. Three spacious bedrooms with abundant closet space and storage throughout. Open patio space is great for BBQs and overlooks backyard with privacy board on board fencing and plenty of room for kids and pets to play safely. Walking trail with parks just steps from your front door!
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| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Paragon Realtors | $330,000 | |
| Listed by Paragon Realtors | |||
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AWESOME 3-2-2 ranch style single story home in coveted East Richardson. Lovingly cared for home with rich tones and natural light throughout. Spacious, vaulted living space greets you and guests at entry with wet bar, brick wbfp and easy flow into the kitchen space or additional living. Use the secondary as a flex space for games, homeschool, craft or work space. Three spacious bedrooms with abundant closet space and storage throughout. An open patio space is great for cooking out, overlooking a lush backyard space with privacy board on board fencing and handsome dog run. Quiet space just moments from booming downtown Richardson. Walking trail with parks and recreation just steps from your front door!
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Duck Creek
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 3 Beds
- 2 Baths
- 1,314 ft²
$1,500 /mo
- 2 Beds
- 1 Bath
- 800 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017