23218 Grand Meadows 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 3, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Keller Williams Premier Realty | $449,500 | |
| Listed by Keller Williams Premier Realty | |||
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Stately Cinco Ranch classic on treelined private culdesac street w/forested backdrop in beloved community of Greenway Village. Walk to neighborhood pool, Fielder Elementary & iconic gazebo park via network of nature trails. Leaded glass front door w/dual sidelights & transom opens to 2 story hardwood entry! French Doors lead to study/home office w/double crown molding & private access to primary suite, perfect for remote workspace. Gorgeous formal dining w/tray ceiling (currently used as quiet sitting room). Large family room w/soaring ceilings, fireplace w/fluted wood trim surround & custom wood trim mantel. Kitchen boasts HUGE pantry, pull out pot/pan drawer. Washer/dryer/refrigerator convey! Large primary suite w/high celings, sitting area, jetted tub, vanity space. Gameroom up w/3 spacious secondary BRs (2 with large walkins). Double pane windows for energy savings & quiet, PLUS N/S orientation, full sprinkler, low tax rate, ALL CINCO AMENITIES! Bike to Beach Club! NO FLOODING!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017