220 Meadow Ridge Lane #6
About This Property
The manager has listed the unit size as 1497 square feet.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 6, 2021 | In contract | - | |
| In contract | |||
| Mar 5, 2021 | Relisted | $189,900 | |
| Relisted | |||
| Jan 4, 2021 | In contract | - | |
| In contract | |||
| Dec 30, 2020 | Listed | $189,900 | |
| Listed | |||
| | |||
|
This is your chance to purchase a 3 bedroom at Meadow Brook! This unit is completely updated and has excellent VRBO reviews. There is new paint throughout, including all cabinets. New hardware, countertops, LED lighting.Walk in shower in master-bath; new tile, shower doors, and faucets in all bathrooms. New ceiling-fans, bedding, and linens through-out. New 50'' television in the living room. New decor and some new furniture. Roof and skylight were replaced this year. The manager has listed the unit size as 1497 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/16/2022
|
2 Bed
|
2 Bath
|
1048 ft²
|
$220,000
2 Bed
2 Bath
1048 ft²
|
-
-
|
Tracey Lynne Lightfoot PC
Worley and Associates
| |
|
03/03/2021
|
2 Bed
|
2 Bath
|
1205 ft²
|
$159,900
2 Bed
2 Bath
1205 ft²
|
-
-
|
-
| |
|
12/30/2020
|
3 Bed
|
3 Bath
|
1497 ft²
|
$189,900
3 Bed
3 Bath
1497 ft²
|
-
-
|
-
| |
|
02/09/2020
|
2 Bed
|
2 Bath
|
1205 ft²
|
$115,900
2 Bed
2 Bath
1205 ft²
|
-
-
|
-
| |
|
09/09/2019
|
3 Bed
|
3 Bath
|
1497 ft²
|
$140,000
3 Bed
3 Bath
1497 ft²
|
-
-
|
-
| |
|
02/15/2019
|
2 Bed
|
2 Bath
|
1280 ft²
|
$90,000
2 Bed
2 Bath
1280 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017