29746 Meridian Hill Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by Keystone Signature Properties | $280,000 | |
| Listed by Keystone Signature Properties | |||
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Welcome to this stunning 3 bed, 2.5 bath home in the desirable Legends Ranch gated community. Recently updated with wood-like tile flooring, new carpet, and fresh paint, this home features high ceilings and new ceiling fans/light fixtures. Zoned to Grand Oaks High School and conveniently located near amenities, this property is a must-see!
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $179,000 | |
| Listed | |||
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This home qualifies for a special lease to own program, please call for details. It's all about location !!!! Beautiful manned gated community with controlled access. This two-story home has 3 bed/ 2.5 baths with granite countertops, gas connections ceramic tile 2" faux wood blinds, fully fenced backyard. Minutes away from The Woodlands, Five Star Restaurants, World-class Shopping, and entertainment. You are in the heart of it all here. Home is priced to sell. The manager has listed the unit size as 1828 square feet.
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Property Highlights
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About Canyon Lakes at Legends Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017