2 Royal Meadow 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%.
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Lamacchia Realty, Inc. | $899,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Offers due Tuesday June 24 at 9:00 am. Welcome home to this charming colonial boasting 4 beds & 3 baths. A spacious kitchen awaits, complete w/ SS appliances, a panel ready fridge, a breakfast bar & dining area. Adjacent, you'll find a formal dining room, ideal for more intimate dining experiences. The sun-filled living room is highlighted by a cozy fireplace, creating the perfect ambiance. The first floor features a versatile bonus room, complete w/ a full bath & laundry facilities, offering endless possibilities. The second floor is where the primary suite awaits, boasting a private bath & walk-in closet. Three additional bedrooms offer ample closet space & share another full bath. Outside, indulge in the joys of outdoor living with a three-season porch & a back deck featuring a hot tub, overlooking the fully fenced-in yard w/ an inground pool, creating the perfect setting for summer fun. Situated on a corner lot in a prime commuter location.
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| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 2, 2020 | Listed by Fafard Real Estate | $299,990 | |
| Listed by Fafard Real Estate | |||
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LOCATION! Build your dream home on this near acre lot in an established neighborhood, close to Brophy School, Route 9/Temple Street. MA Pike, Framingham office & industrial parks, shopping and restaurants. Adjacent lot also available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017