16203 N Meadow Drive
About This Property
The neighborhood offers a pool, tennis courts, playground & common areas. Home is conveniently located near major highways (I45, Beltway 8, Hardy toll etc)
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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 4, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by Texas Key Holders Real Estate | $242,000 | |
| Listed by Texas Key Holders Real Estate | |||
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Charming 2-story corner lot home that has been well maintained with updates and up-keeping throughout. This home offers tile throughout the first floor and solid wood stairs leading up to the second floor with carpet. The secondary bathroom has been beautifully updated with a stand in tiled shower, large walk in closet in the primary bedroom, stainless steel refrigerator, double ovens and brand new dishwasher! A shed has been added in 2016, new fencing throughout all sides, Solar screens added in 2020, Washer heater replaced in 2019, red oak solid wood door in 2020. So many updates and so much more. Low HOA and taxes!!!!
The neighborhood offers a pool, tennis courts, playground & common areas. Home is conveniently located near major highways (I45, Beltway 8, Hardy toll etc)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017