175 Meadow Creek 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 |
|---|---|---|---|
| Feb 26, 2005 | Sold | ||
| Sold | |||
| Aug 2, 2004 | Listed by RE/MAX Partners | $604,900 | |
| Listed by RE/MAX Partners | |||
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The Augusta at Meadow Creek, seven models to choose from. All on 1/2 acre lots set on 18 hole champion golf course, master suite hardwood, tile floors, two zone heat and air, brick walkways, underground irrigation, custom blue cultured stone walls and much more standard.
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