3118 Lincolns Meadow Drive
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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by eXp Realty, LLC | $285,000 | |
| Listed by eXp Realty, LLC | |||
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This gorgeous two-story, four-bedroom, two-and-a-half-bath home is exactly what you've been looking for! Minutes to local schools, the Stahl Preserve, and both I-45 and Hardy Toll Road, this 1,374+/- sqft floor plan is filled with sunlight, neutral wall tones, and space for everyone. Upon entering, you will be greeted by the modern kitchen with granite counters and tile flooring and the open-concept living room centered around the warm and inviting fireplace. Step outside to enjoy the fully fenced-in backyard and covered patio as you soak up the sunshine and peaceful sounds of the surrounding neighborhood. Some of the many amenities and recent updates to this property include a 2022 Lennox Seer 17, water heater, a large main suite with a walk-in closet, an attached garage, and an oversized game room for all your entertainment needs!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017