17407 Meadow Light Drive
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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 29, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by Keller Williams Realty -SW | $598,500 | |
| Listed by Keller Williams Realty -SW | |||
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Highly popular Ashton Woods-built, "Bethany" floor plan available in the desired Aliana Master Planned Community. The 4 BR, 3.5 bath home has an office by the entryway, adjacent to a formal dining or sitting room. The Open Concept FP has 2-story high ceilings with tons of natural light pouring into the living room, an elegant breakfast area and gourmet kitchen. The home is freshly painted and includes RO water filtration, whole-house surge protection, a butler’s pantry, dual closets in the primary bath & gas fireplace. There is a Media room and Game room on the 2nd floor with a Juliette balcony overlooking the main floor. The home is also pre-wired w.security cameras, and is pre-wired for 5-pt surround sound, including the covered outdoor patio. Residents of Aliana are minutes from major highways, (WPT, and GP99) for convenient access to Houston. Aliana also has 2 private clubhouses, resort style pools, miles of walking trails, tennis courts, and is zoned to TOP schools in FBISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017