22 Meredith Way
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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed | $649,000 | |
| Listed | |||
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This fabulous home lives like a ranch but offers incredible expansion opportunities on the second floor! Sellers will replace the roof and skylights prior to close! Enter through the front door into a sunny living room with beautiful built-in bookcases, oak floors, and double-sided brick fireplace. The space flows into a large dining room and open concept kitchen with newer cabinets, warm granite counters, and plenty of space for a custom island should you wish. Sliders offer easy access to the ipe wood deck and incredibly spacious and level yard (pool anyone?). The first floor also offers an additional family room with second fireplace, oak floors, and plenty of windows. Two large first floor bedrooms easily fit king-size beds, with the rear bedroom also offering an ensuite bathroom. Upstairs a third bedroom is large and private with new window and skylights and a huge walk in attic offers endless possibilities for more expansion. Big basement! Two car garage with new door and lift!
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| Dec 23, 2011 | Sold | ||
| Sold | |||
| Nov 1, 2011 | Listed by City Realty Group | $239,000 | |
| Listed by City Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017