3207 Meline Fields 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%.
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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.
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 |
|---|---|---|---|
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Leading Edge Realty Services | $259,000 | |
| Listed by Leading Edge Realty Services | |||
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Beautiful 1 story home with open concept floor plan in guarded / gated community of Legends Ranch. New paint. Island Kitchen with granite counters, wood cabinets, breakfast bar, large windows. Top of the line appliances incl Thermadore oven and dishwasher. Microwave is also a convection oven. Space between kitchen and formal dining can be used for coffee station. Living area with nice view of backyard and gas log fireplace. Study/Office with closet can also be used for a guest bedroom, game room, or nursery. Large master bedroom has sitting area and bay window overlooking the patio. Master bath has plenty of space with shower and garden tub. Separate sinks and large walk in closet. Large custom built patio is partially covered. Nice size back yard that is low maintenance and has plenty of room to play and entertain. Sprinkler system. Just around the corner from park, splash pad, tennis courts, basketball court. Neighborhood pool, community center, and workout facility.
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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