24 Meadowbrook Ridge
About This Property
As you step inside, you'll be greeted by an inviting open floor plan that allows for seamless flow between living spaces. The master bedroom on the main level offers a tranquil retreat, and there's an additional bedroom and bath on the main floor for added convenience or an office.
Parking is a breeze with the two-car garage and 3+ additional parking spaces. A wheelchair ramp provides accessibility into the main floor from the garage. The home enjoys a sense of privacy, tucked away from the street down a long driveway on a spacious 1.32-acre lot. Two back decks offer the perfect spot for outdoor relaxation.
Location-wise, you'll love the proximity to Big Canoe's North Gate for easy entry and the adjacent McDaniel Meadows Park, ideal for leisurely walks and outdoor enjoyment. Buyer to verify all information and dimensions deemed important.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Price Decreased |
$589,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Jul 29, 2024 | Price Decreased |
$594,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jun 18, 2024 | Listed by Big Canoe Brokerage, LLC. | $599,900 | |
| Listed by Big Canoe Brokerage, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017