212 Hay Meadow Dr #LOT35
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 |
|---|---|---|---|
| Sep 11, 2024 | Listed | $1,395,000 | |
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Discover brand-new construction at Grand Park. The middle-unit townhome located in the Meadows at Grand Park features three bedrooms, four and a half baths, and a spacious tandem two-car garage. There's an option to add a bunk room to the garage's rear for extra sleeping space. Enjoy views of the Grand Park meadow and the Continental Divide, all within walking distance to various restaurants, bars, and breweries.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017