20002 Shore Meadows 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 |
|---|---|---|---|
| Nov 10, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by The Closers Real Estate Group | $339,900 | |
| Listed by The Closers Real Estate Group | |||
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Welcome to Shore Meadows Lane in the exquisite neighborhood of Lakemont Terrace! This home has been updated with designer finishes throughout. The kitchen is equipped with new quartz countertops, backsplash, refinished cabinets, and energy efficient appliances. Updated light fixtures, faucets and a fresh coat of paint can be found throughout as well. This open concept flows well throughout the kitchen and living areas, which is ideal for entertaining guests. High ceilings also create a grand appearance of this one-level floor plan. A large covered patio in the back overlooks the relaxing man-made lake. Come check out this nicely maintained home zone to the excellent Lamar CISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017