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201 Parade
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Coldwell Banker Classic Realty | $299,900 | |
| Listed by Coldwell Banker Classic Realty | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed | $150,000 | |
| Listed | |||
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Discover the potential of this cozy and affordable home in the heart of the Lakes Region. Located just minutes from downtown Meredith, 201 Parade Rd offers a peaceful setting with easy access to lakes, shopping, and year-round recreation. This three-bedroom, one-bath manufactured home is currently set up as a two-bedroom with a spacious laundry room, but can easily be converted back to its original three-bedroom layout. While the home could benefit from some updating and TLC, it’s perfectly livable and full of possibilities for the right buyer. Whether you're looking for an affordable primary residence, a seasonal getaway, or a smart investment project, this property is a great place to start. With solid bones, a concrete block foundation, and a great location, this is your chance to create something special in Meredith. Bring your ideas and make it your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017