2702 Meandering Trail
About This Property
The heart of the living space features soaring vaulted ceilings and a cozy fireplace, serving as a warm centerpiece for relaxation and gatherings. The kitchen is thoughtfully equipped with granite countertops and stainless-steel appliances, offering a stylish and efficient space for meal preparation.
With four bedrooms, the home is designed to accommodate a variety of lifestyles, whether you need a dedicated home office, a guest suite, or a hobby room. Situated in a prime location, this home offers a convenient commute to major local employers and regional hubs, ensuring you are never far from shopping, dining, or recreation.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$234,900
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$239,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Jul 23, 2026 | Relisted | $244,900 | |
| Relisted | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Price Decreased |
$244,900
↓ $3K
(1.2%) | |
| Price Decreased | |||
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About Kingwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017