3206 Galemeadow Drive
About This Property
This stunning home sits on a spacious corner lot and boasts a fantastic floor plan with recent updates throughout-including brand-new carpet, new laminate flooring, a roof (2025), HVAC (2019), and water heater (2023).
Inside, soaring ceilings and a cozy fireplace create a warm welcome. The bright eat-in kitchen offers ample counter space, plenty of storage, and a charming window seat. A powder bath and laundry room add convenience downstairs.
Upstairs, you'll find three comfortable bedrooms, including a primary suite with private access to the full bath and a recently refreshed walk-in shower.
Step outside to your own backyard retreat-an oversized, private yard with a wraparound covered patio, perfect for entertaining, cookouts, and family fun!
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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.
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About Meadow Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017