1975 Highland Meadows 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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by Realty Associates | $395,000 | |
| Listed by Realty Associates | |||
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Spacious one story home built by Meritage Homes in 2020 (Fitzhugh plan). Flex Room/Office/Study next to 1/2 Bath. Kitchen is open to living/family room and dining area with high ceilings. Split bedroom floor plan for privacy. The home has a large back yard which can easily accommodate a pool or outdoor kitchen. Buyers to verify room sizes and school information.
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| Dec 14, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Meritage Homes Realty | $286,995 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready NOW! Enjoy dinner outside on the Fitzhugh’s covered back patio. Indoors, the open concept kitchen flows seamlessly into the great and dining rooms. The versatile flex space makes a great office or game room and storage helps put everything in its place. 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017