29 Meyer Hill Drive #35
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 |
|---|---|---|---|
| Apr 28, 2005 | Sold | ||
| Sold | |||
| Jan 7, 2005 | Listed | $520,000 | |
| Listed | |||
| |||
|
Lovely private end unit with custom brick patio,stonewall,deck and perennial gardens.The interior is painted a soothing neutral palette.The home boasts an open floor plan with a gas fireplace and a loft.The kitchen has cherry cabinets and Corian on the counters and island.The floors are hardwood, marble, ceramic and carpet.The deck overlooks a scenic view of trees and wildlife. The lower level is beautifully finished with family room,guest room and full bath and walks out to the patio.
| |||
| May 13, 2003 | Sold | ||
| Sold | |||
| Mar 5, 2003 | Listed by Barrett Sotheby's International Realty | $495,000 | |
| Listed by Barrett Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/31/2011
|
3 Bed
|
4 Bath
|
2430 ft²
|
$402,900
3 Bed
4 Bath
2430 ft²
|
$400,000
-0.72%
12/29/2011
|
Kathleen Murphy
Lamacchia Realty, Inc.
| |
|
03/09/2010
|
3 Bed
|
4 Bath
|
2530 ft²
|
$400,000
3 Bed
4 Bath
2530 ft²
|
$430,000
+7.50%
09/22/2010
|
Leslie Hogan
Barrett Sotheby's International Realty
| |
|
01/07/2005
|
2 Bed
|
4 Bath
|
1950 ft²
|
$520,000
2 Bed
4 Bath
1950 ft²
|
$525,000
+0.96%
04/28/2005
|
Patricia Ewing-Millett
Coldwell Banker Residential Brokerage - Acton
| |
|
03/05/2003
|
2 Bed
|
4 Bath
|
1950 ft²
|
$495,000
2 Bed
4 Bath
1950 ft²
|
$495,000
05/13/2003
|
Pamela Woodard
Barrett Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017