2609 Meadowlark Lane
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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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Willis Allen Real Estate | $849,000 | |
| Listed by Willis Allen Real Estate | |||
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Gorgeous Corner Lot Oasis with Modern Upgrades and Lush Landscaping. Come and see it and fall in love! Welcome to your dream home! This beautifully updated 3 bedroom, 2 bathroom house sits on a desirable corner lot and offers a serene retreat with lush landscaping and an array of fruit trees, palm trees, avocado trees, and berry/grape vines. Step inside to discover a modern and inviting interior, boasting fresh interior paint, new luxury wide plank vinyl flooring throughout the home and tile in the bathrooms. The updated kitchen is a chef's delight, featuring new white quartz on the island and sideboard, new refrigerator, new gas range, new microwave, new dishwasher and new Roman shades. The spacious living areas are equipped with new ceiling fans controlled by remotes. The Primary bedroom offers a peaceful sanctuary with blackout shades and new French closet doors with a closet storage system. French closet doors in the second bedroom with a closet storage system as well. Enjoy the convenience of a dedicated laundry room. The meticulously maintained backyard features a new hot tub, turf and grass, four garden boxes for your green thumb endeavors, and a covered patio perfect for relaxing or entertaining. The flat driveway, with room for RV parking, leads to a 2-car attached garage with convenient storage racks, an updated electrical panel and a Tesla Charger. Leased Solar to reduce monthly electric costs. 4 year new roof. Ring Camera, Nest Thermostat and Smart Home Door Lock a bonus. Welcome home!
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| Mar 27, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2020 | Listed by Compass | $537,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017