2516 Pine Meadow Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed | $799,500 | |
| Listed | |||
| Jul 9, 2025 | Listed | $850,000 | |
| Listed | |||
| | |||
|
Like-new, fully remodeled ranch home on .98 acres. It's a show-stopper! This was the owners' "forever home" until life, as it tends to do, happened. 3 bed 2 bath ranch with an open concept and quality, well crafted custom finishes. Recent remodeling and updates include new kitchen with custom cabinetry, primary and bath 2 full remodel, LVP flooring, interior paint, hardy board siding, roof, in-floor heat, tankless hot water heater, new driveway, patio, and much more! Enjoy a fabulous back patio with built-in fire pit while overlooking your spacious fully fenced yard and beautiful views. Carriage Hills is a quiet neighborhood with a voluntary HOA.
| |||
| Aug 11, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017