2224 Meadowstone 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 |
|---|---|---|---|
| Sep 27, 2021 | Sold | ||
| Sold | |||
| Aug 22, 2021 | Listed by Longmire Group | $374,999 | |
| Listed by Longmire Group | |||
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Extensively updated home in Mallard Cove. Spacious, Light & Bright Open Floorplan with a large kitchen and nook area perfect for entertaining or family gatherings. Chef’s kitchen with high-end stainless steel appliances, breakfast bar, wine refrigerator, granite counters, farm sink, and many custom features! An inviting breakfast room looks over the covered back patio and onto the backyard. The second level hosts the master suite with large, spa-like bath & dual walk-in closets and two additional bedrooms and bath.
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About Southwest Carrollton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017