1606 Meadow Park 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 |
|---|---|---|---|
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Dec 7, 2021 | Listed by Compass RE Texas, LLC | $349,900 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
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MULITPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS DUE ON OR BEFORE 12 NOON, MONDAY, DECEMBER. 13. Absolutely stunning updated home with luxury upgrades throughout! Gorgeous open floorplan with gigantic family room opens to totally updated kitchen incl. quartz counters, recent stainless steel appliances & gas range, replaced backsplash, farm sink, cabinet hardware & repainted cabinets. Large formal living & dining rooms, wood floors, private master suite and separated, spacious secondary bedrooms. 2021 updates include recent roof & gutters, windows & blinds, interior paint incl ceilings & trim, designer light fixtures & ceiling fans, toilets, bathroom fixtures, & pro landscaping. Large back yard. Move in ready!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Nov 11, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017