49
Map
16127 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%.
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 7, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Coldwell Banker Realty | $899,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 19, 2017 | Sold | ||
| Sold | |||
| May 21, 2017 | Listed by Coldwell Banker Realty | $375,000 | |
| Listed by Coldwell Banker Realty | |||
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UNION PIER year-round Beach Cottage with Gordon Beach assoc. rights and Lake Michigan access about 3 blocks away! Built in 2012, you will enjoy the open concept and low maintenance of this newer home! Huge covered front porch, sun room addition, fantastic fire pit area with limestone seating, generous lot fully landscaped, lots of parking space, and room for a garage or pool if you so desire. Must see, don't miss this!! Professional photography coming soon for interior.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017