281 Rock Meadow Drive
About This Property
The main living area opens beautifully into the kitchen and dining, creating a place where everyone can gather without feeling crowded. The kitchen offers generous storage, great counter space, and a center island that naturally becomes the heart of the home. Downstairs also features a second living area that can easily become a playroom, home office, media space, or a quiet place to unwind.
Upstairs, all four bedrooms offer plenty of room to spread out, and the oversized primary suite is a true retreat. With its private sitting area, you can create a cozy reading nook, nursery, or peaceful office space that fits your season of life.
The backyard is wide open and full of possibility. Imagine a pool, a garden, weekend cookouts, or simply having the space to breathe and enjoy the outdoors. With no HOA, you have the freedom to make this yard whatever you want it to be.
Conveniently located near I 35, schools, grocery stores, shopping, and dining, this home gives you the comfort of space while keeping you close to everything you need.
If you have been searching for a home that feels welcoming, functional, and ready for your next chapter, this one is truly worth seeing in person.
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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 9, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | Price Decreased |
$340,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Nov 3, 2025 | Price Decreased |
$345,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Sep 24, 2025 | Listed by Wethington Agency | $349,000 | |
| Listed by Wethington Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017