339 MEADOW RIDGE Drive
About This Property
The gourmet kitchen is a chef's dream, boasting stainless steel appliances, an oversized island with a breakfast bar, and quartz countertops-perfect for entertaining! The spacious living area flows seamlessly to the private, fenced backyard, where you'll find a paver patio with a charming gazebo, ideal for outdoor relaxation while enjoying the serene wooded views.
Meadow Ridge is a new community with no CDD fees, offering fantastic amenities including a clubhouse, pool, and playground. Don't miss this opportunity to own a stunning home in a prime location!
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017