2 Meader Lane
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%.
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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.
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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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by EXP Realty | $645,000 | |
| Listed by EXP Realty | |||
| Mar 26, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by Mott & Chace Sotheby's International Realty | $979,000 | |
| Listed by Mott & Chace Sotheby's International Realty | |||
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Riverview at Westport - Once in a lifetime opportunity to build your dream home right on the Westport River. Located on Meader Lane, a private road, located directly off of River Road right up the street from the Acoaxet Club and the Elephant Rock Beach Club. Six buildable lots range in size from 1.39 acres to 1.79 acres. Lot 2 is DIRECT WATERFRONT on the West Bank of the Westport River. This lot is 1.48 acres in size and does have an existing cottage near the river's edge that was built in 1946 with a two bedroom septic system - please see MLS listing for single family home for more information. The views and privacy this lot offers are amazing. Please see attached documents for more information. Meader Lane is private - please set up a private showing to view the land or the property.
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| Feb 28, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017