1809 Rainy Meadows DR
About This Property
Inside, you'll find an open layout with ample natural light, tall living room ceilings, a fireplace, and can lighting. The kitchen features generous storage and a slate bar that is open to the living and dining areas. Additional highlights include an XL back deck, recent HVAC replacement (2024), recent roof (2020), a large walk-in shower in the primary bathroom, a xeriscaped front yard, and all appliances conveying the home.
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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 |
|---|---|---|---|
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Kuper Sotheby's Int'l Realty | $349,500 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 345-2100
Last Updated: 2024-07-16 06:07:30
Data Source: Unlock MLS, MLS# ACT9298141
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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