2518 Meadow Lake Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Dec 5, 2020 | Listed by Arnold-REALTORS | $278,000 | |
| Listed by Arnold-REALTORS | |||
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This property in the Woodlake Subdivision has plenty of space for a growing family. This 4 bedroom, 2 bath home has all you need! Both living areas are perfect for providing entertainment for family and friends. This property has an open concept kitchen, huge master bedroom, spacious bedrooms, perfect size dining, and a breakfast bar for bar stools to make a second eating area. The backyard has a large covered patio with great space to play and entertain. You have an easy driving distance to shopping and restaurants as well. This quiet neighborhood and street will be a wonderful spot for you to move to! Dont let this one get away! Schedule a private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017