2079 Meredith DRIVE
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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2023 | In contract | - | |
| In contract | |||
| Nov 7, 2023 | Price Decreased |
$332,990
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Oct 18, 2023 | Listed by D R HORTON REALTY LLC | $342,990 | |
| Listed by D R HORTON REALTY LLC | |||
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One or more photo(s) has been virtually staged. Under Construction. This all concrete block constructed, one-story layout optimizes living space with an open concept kitchen overlooking the living area and dining room, which includes extended tile, and the outdoor covered lanai perfect for relaxing, entertaining, or outdoor dining. The well-appointed kitchen comes with all appliances, including refrigerator, built-in dishwasher, electric range, and microwave. The Bedroom 1, located at the back of the home for privacy, includes Bathroom 1. Two additional bedrooms share the second bathroom. The third bedroom is located near the laundry room, which is equipped with included washer and dryer. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CRC057592.
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| Aug 31, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017