3218 Meadow Ridge Drive
About This Property
Lawson Farms offers a community pool, parks, walking trails and ponds, all within walking distance. This 4 bedroom 2 bath home has an extra large game room that could be used as a study, extra bedroom or second living area. Beautiful light and bright kitchen provides a place to entertain family and friends. Large master suite with great bathroom and closet space. Extended patio opens to a large backyard.
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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 |
|---|---|---|---|
| Dec 3, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Ebby Halliday, REALTORS | $312,500 | |
| Listed by Ebby Halliday, REALTORS | |||
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This jewel box sits on a landscaped oversized corner lot in Lawson Farms, offering a community pool, parks, walking trails, & ponds*Entry with a gallery wall has hardwood floors leading to den*Gourmet kitchen boasts farm sink, granite counters, st. steel appliances, & a HUGE center island*The breakfast room has enough space for your harvest table*Ample den features a wall of windows, WBFP & hardwood floors*Romantic master suite has ensuite bath with dual sinks, garden tub & spacious closets*There is a huge secondary living area, which could be another bedroom, an in home office, or game room*Three more ample bedrooms, split for privacy*Room for barbeques on the extended patio*Just in time for the holidays*
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| Jul 22, 2020 | Sold | ||
| Sold | |||
| Apr 21, 2020 | Listed by Century 21 Judge Fite Co. | $314,900 | |
| Listed by Century 21 Judge Fite Co. | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14325791
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017