2461 Meadow Drive
About This Property
Upstairs, you'll find three spacious bedrooms, two of which include their own walk-in closets and are beautifully adorned with custom trim wainscotting wall accents. Each bedroom showcases thoughtful design and generous space. The hallway features eye-catching wallpaper, adding a touch of flair and style!
The lower level includes a massive recreational room with a gas fireplace, a large bonus room with built-in shelves, and a kitchen/bar area complete with real tile floors, a dishwasher, sink, and fridge. The lower level also features a full bath for added convenience.
Situated on an extra-large fully fenced in lot, the backyard features a stamped concrete patio with a built-in fire pit, hot tub, and an expansive composite deck. The delightful shed, complete with electricity and a charming checkered floor, is complemented by a crushed limestone patio, offering a versatile workspace or storage option.
With tasteful updates and well-designed, sophisticated spaces throughout, this home is ready to welcome its next lucky owners - don't miss out!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017