15934 Meadowside 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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Jan 9, 2024 | Listed by Annoura Realty Group, LLC | $399,999 | |
| Listed by Annoura Realty Group, LLC | |||
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Well maintained Bay Forest home for sale! Fully renovated in April 2021. Interior was updated beautifully with fresh paint, new carpet, new light fixtures, new AC vents AND ducts. Solid surface counters, stainless appliances. Master bath has double sinks, large walk in closets, and trendy tiled shower. Great split floor plan has master on one side, and three bedrooms on the other side. Formal living and dining, huge family room overlooking the backyard with a wall of windows. Lots of excellent natural light! The koi pond and waterfall have been lovingly cared for in recent years. Bay Forest is convenient to two supermarkets, NASA, Ellington Field, and minutes to I-45. It is also zoned to top schools including Clear Lake High School. Schedule your showing today!
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About Clear Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017