2328 Meadowbrook Road
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 |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2023 | No longer available | - | |
| No longer available | |||
| Nov 26, 2023 | Listed by Coldwell Banker HPW | $239,900 | |
| Listed by Coldwell Banker HPW | |||
| | |||
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Nestled amidst 4.51 picturesque acres, this property offers a tranquil retreat from the hustle and bustle of city life. The main home offers 3bedrooms and 1 bathroom. New carpet and paint! With a separate 1 bedroom guest house and a spacious garage/workshop, this property is adream come true for those seeking a serene escape with a touch of vintage charm. The guest house is a hidden gem, ideal for hosting visitors or generating rental income. With its own kitchen, bedroom, and living area, it provides comfort and privacy to your guests. The spacious garage offers ample storage and workspace for hobbyists, business owners or DIY enthusiasts. There is also a designated office space making it versatile addition to the property. Equipped with an automatic drive way gate and plenty of parking room! This large flat yard provides ample space for all your outdoor desires. From gardening enthusiasts to those yearning for open space, this expansive canvas offers endless possibilities. This sale consists of 5 separate parcels of land totaling 4.51 acres. Reach out to schedule a showing today!
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| Nov 20, 2023 | In contract | - | |
| In contract | |||
| Nov 4, 2023 | Relisted | $245,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017