2465 Meadowrest
About This Property
Welcome to your Madera retreat! This updated 3-bedroom, 2.5-bathroom home offers approximately 1,942 sq. ft. of comfortable living space on a 6,500+ sq. ft. lot. Inside, you'll find all the right updates - new laminate flooring, fresh carpet in the bedrooms, newly painted interior, updated light fixtures, and newer appliances.
The layout is both functional and inviting, with a formal living room, an open kitchen that flows into the dining area and family room, and convenient indoor laundry just off the kitchen. The primary suite features two closets and direct access to the backyard, while the family room also opens to your private outdoor space.
Step outside to a backyard designed for both fun and relaxation - complete with a sparkling pool and covered patio, perfect for entertaining or simply enjoying a quiet evening at home. With a 3-car garage, tile roof, and a peaceful neighborhood setting, this move-in ready home truly has it all.
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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 |
|---|---|---|---|
| Dec 24, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Oct 24, 2025 | Price Decreased |
$425,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by London Properties Ltd - Merced | $440,000 | |
| Listed by London Properties Ltd - Merced | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017