16983 Morrow Meadow Lane
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | Listed by We Help U Buy Realty | $795,000 | |
| Listed by We Help U Buy Realty | |||
| May 11, 2024 | No longer available | - | |
| No longer available | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Nazar Kalayji | $778,888 | |
| Listed by Nazar Kalayji | |||
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Welcome to this 2.3 acre estate located in a horse equestrian community with limitless potential. This ranch property is situated on a fully-fenced corner lot! This new triple-wide manufactured home rivals most stick built houses! The floor plan is open and spacious, perfect for entertaining, and the finishings here are all top notch. Waterproof composite flooring spans throughout the main living areas in a neutral hue, and the the kitchen is highly upgraded with cabinets flowing up to meet the high ceiling. The countertops throughout are modern, high-quality quartz and the primary bedroom features an expansive walk-in shower. All two acres of this property are usable and the majority is graded. Two new detached structures compliment the utility of this property. The first is a three-car garage, and the second is a metal barn equipped with multiple roll up doors and a plethora of electrical outlets that would satisfy any hobbyist. This property also features an exterior enclosure and chicken coup perfect for putting together a heathy fresh breakfast. This unique home won’t last long on the market so come see it today. The manager has listed the unit size as 2623 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017