340 Park Meadow DR
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 13, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 21, 2024 | Listed by Watters International Realty | $485,000 | |
| Listed by Watters International Realty | |||
| May 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Mar 28, 2024 | Listed by ProManage LLC | $505,000 | |
| Listed by ProManage LLC | |||
| | |||
|
Wake up to the sound of crickets and enjoy the day on this peaceful property. The spacious rooms, newly painted interior and exterior, a whole house water filter/reverse osmosis unit and a propane Generac generator for those icy winters and ample kitchen space are inviting you to come see this cozy home. The large garden area with two faucets and green house are ready your spring plants and veggies! With multiple producing fruit trees and the fenced and covered area for dogs, chickens or ducks, you could spend all day outdoors! Don't forget to check out the oversized (2,250 sq. ft.) heated/cooled workshop that could be used for business since it does have a business meter separate from the home and a 1/2 bath already equipped inside. The shop also has large French doors and a second exit making it easy to convert into a space you can utilize for years to come. The HVAC unit and ducting were replaced in 2021, a metal roof had all the screws and gaskets replaced as well as new boots around vents in 2020. Make this unique property yours to truly experience the ambience of a Texas sunset!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017