2331 MERIDIAN BLVD
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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%.
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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 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | In contract | - | |
| In contract | |||
| Mar 10, 2020 | Listed | $339,700 | |
| Listed | |||
| | |||
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Light, Airy and Attractive! One Level, Open Floorplan with 9ft Ceilings and Handsome Moldings. Interior just freshly painted! Carpets Just Cleaned! Hardwoods in the Foyer and Kitchen. Carpet throughout the rest and ceramic tile in both bathrooms. Master bedroom enjoys a sitting room, large walk-in closet and 2 second closets with tall doors and spacious master bath with soaking tub and stall shower w seat . Vanity enjoys double sinks. 2nd Bedroom/study is spacious, light and airy as well. Hall Bath with vanity, tub and commode. The great room is very spacious and open to kitchen and separate breakfast room. You'll enjoy a fireplace and sliding glass doors to the covered balcony (9'x9 'plus 2 extensions) area which overlooks the gazebo. Laundry Room is 6'x6' with stationary tub. Washer, Dryer are included. You will also enjoy a storage area in the first floor area which also leads out to the private garage. The Clubhouse offers many amenities including a lovely pool. Unit is located on the top (3rd) floor so no noise from above! 2 Elevators conveniently located. There is a storage stall on the garage level. There is a 1 car Garage as well.Home Warranty included! Must adhere to PA and Bucks County showing restrictions.This distinctive property is beautifully kept, Vacant, and ready for Immediate Occupancy! The manager has listed the unit size as 1651 square feet.
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| Dec 15, 2016 | Sold | ||
| Sold | |||
| May 17, 2016 | Listed by J Carroll Molloy | $299,800 | |
| Listed by J Carroll Molloy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017