16 Meadow 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.
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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 |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Dec 30, 2021 | No longer available | - | |
| No longer available | |||
| Dec 29, 2021 | Relisted | $219,000 | |
| Relisted | |||
| Aug 13, 2021 | In contract | - | |
| In contract | |||
| May 10, 2021 | Listed by Personalized Real Estate Solutions | $219,000 | |
| Listed by Personalized Real Estate Solutions | |||
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Located on a short circle drive just off State Highway 131 in the town of Louisville with a partial view of the St. Lawrence River shipping channel and spectacular sunsets, this recently updated 3 bedroom, 2 bathroom 1,872 square foot home with a newly finished basement and oversized garage is in a great location. It is in close proximity the Massena Golf and Country Club, Massena Town Beach and Yacht Club as well as miles of hiking, biking and snowmobile trails along the river. From the covered full length front porch you enter into a roomy foyer wit ha coat closet. To the right is the spacious yet homey living room with large front windows for lots of natural light and a nice view. Straight ahead from the foyer is the well appointed eat-in kitchen with a recently added huge custom built island/peninsula, ample oak cabinets and brand new, high end 4 piece stainless steel appliance package that is included. To the left of the foyer there is an office and a short hallway leading to the entrance from the attached garage. Also on the first floor you will find a bathroom with a stand up shower and a separate laundry room. On the second floor you will be very impressed with the size of all 3 bedrooms. It's worth it to mention the master bedroom is 12' x 24' with double closets, the second bedroom is 12.5' x 16' with 3 closets and the third bedroom is 12' x 16' again with good closet space. The second floor full bathroom is also very big; it has a 12 foot counter top on the vanity with brand-new custom built cabinets the full length. As can bee seen in the photos there is gorgeous ceiling designs throughout this home. As before mentioned the home has had several recent improvements one is the basement which was completely renovated. There is a 13.5' x 31' finished family/recreation room, another room mirroring it in size that is finished with the exclusion of the ceiling and a utility room. The 28' x 32' garage with 11' ceiling was recently insulated and the walls were finished in plywood and painted. The basement can be accessed from the garage or inside the house. Other improvements in the past 1-2 years include, but are not limited to: new metal roof, new custom oak moldings/ finish work, finished basement septic was pumped 2019, driveway redone 2019 and new paint throughout. This home is in the Massena School and Massena Electric districts. To see all that it has to offer please schedule a tour today!!! The manager has listed the unit size as 1872 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017