1968 Highland Meadows Drive
About This Property
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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%.
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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 10, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by Houston Elite Properties LLC | $399,900 | |
| Listed by Houston Elite Properties LLC | |||
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Welcome to this beautifully designed home, where comfort and elegance come together! Step inside to a warm and inviting foyer that leads to a spacious open-concept living, dining, and kitchen area—perfect for gathering. The kitchen features a huge island countertop, custom cabinets, stainless steel appliances, and an elegant tile backsplash for a clean, timeless look. The living room is bright and airy, with wide windows that fill the space with natural light. The primary bedroom is a peaceful retreat with plush space, wide windows, and a serene ambiance. Each additional bedroom offers comfort and versatility, making it ideal for family, guests, or a home office. Step outside to a covered patio and expansive backyard, perfect for relaxing or entertaining. Located in a wonderful community, this home offers access to a sparkling pool, scenic lakes, and a children's park. Easy access to HWY8.
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| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Meritage Homes Realty | $348,995 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready May 2021! Debate what to wear in the Preston’s impressive primary walk-in closet. A fourth bedroom with private bath makes a perfect spot for guests or grandparents. The expansive laundry room leaves plenty of space for storage. A beautiful entry, community lakes, and pool with recreation center are just a few of the qualities you'll love about Riverstone Ranch. Known for our energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving you thousands of dollars on your utility bills.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southbelt - Ellington
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$2,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017