305 MEADOW DR
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 |
|---|---|---|---|
| Aug 2, 2021 | No longer available | - | |
| No longer available | |||
| Jul 30, 2021 | Price Decreased |
$199,500
↓ $11K
(5%) | |
| Price Decreased | |||
| Jul 24, 2021 | Relisted | $210,000 | |
| Relisted | |||
| Jun 10, 2021 | No longer available | - | |
| No longer available | |||
| May 16, 2021 | Listed by RE/MAX Corridor | $210,000 | |
| Listed by RE/MAX Corridor | |||
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What a GEM you will find in this totally updated home!! This 3 bedroom 1 bath has a remodeled kitchen with white cabinets, new countertops, new flooring and paint throughout. The air conditioner, heat pump and hot water heater were installed May 2021 with warranties. A new roof was installed 2020 and warranty conveys to new buyer. This truly is small town living at its best with easy access to New Braunfels, Seguin, San Antonio. The manager has listed the unit size as 1149 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017