229 MEADOW RIDGE Drive
About This Property
Step into your own private paradise as you exit to the expansive fenced backyard, complete with a sprawling 20x20 porch overlooking a lush landscape of fruit trees, berry bushes, roses, and hibiscus. Transform your evenings with upgraded soffit lighting while crafting culinary delights in the kitchen adorned with pristine Quartzite countertops. Granite countertops in both downstairs bathrooms add a touch of opulence. Ascend to the upper level to find a versatile loft space boasting a full bedroomideal for accommodating guests or creating a personalized retreat. Elevate your lifestyle with this extraordinary homeschedule your showing today and seize the opportunity to live in unparalleled luxury! A+ St Johns Schools!
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 7, 2024 | Listed by WATSON REALTY CORP | $485,000 | |
| Listed by WATSON REALTY CORP | |||
| Feb 26, 2024 | Listed by WATSON REALTY CORP | $485,000 | |
| Listed by WATSON REALTY CORP | |||
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Welcome to your Dream Home! NO CDD FEE HERE, Low HOA! READY NOW & NO WAIT TO BUILD! Adjacent to Amenity Center with a zero entry pool. This newer property built in 2020, boost modern elegance and spacious living, with 4 bedrooms and 3 full baths spreads over 2200 sq.ft., there's a room for the whole family. OWNER HAS RECENTLY PUT NEW FLOORING throughout the downstairs living area with a one yr. warranty. A-Rated Schools nearby.
The main floor features a master suite along with other bedrooms, providing both privacy and accessibility. Step outside to your large fenced back yard, complete with an oversized 19x20 porch overlooking lush fruit trees, berry bushes, roses and hibiscus.
Illuminate your evenings with soffit lighting upgrades while preparing meals in the kitchen, adorned with New Quartzite counter tops. Granite counter tops adorn both downstairs bathrooms , adding a touch of luxury. Upstairs, a versatile loft space includes a full bedroom, ideal for guests or as a private
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017