209 Meadow Gate Drive
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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 30, 2022 | Sold | ||
| Sold | |||
| Jan 28, 2022 | Listed by UTR TEXAS, REALTORS | $352,000 | |
| Listed by UTR TEXAS, REALTORS | |||
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No back neighbors with this one story 4 bedroom home. Nicely updated and kitchen updated again recently. CCISD schools, lots of nearby shopping, No MUD. Corner fireplace with gas logs. Laminated floors, tile in wet areas and carpet in bedrooms. Separate tub/shower in Primary. Huge walk in primary closet with built in ironing board. Rear bedroom suite with private bath. Built in fountain in back yard and mature landscaping. Washer/dryer stay. Armoire in Primary closet can also stay.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017