3406 Cove Meadows 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%.
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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by Prime Mountain Properties | $1,150,000 | |
| Listed by Prime Mountain Properties | |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed by Mountain Realty Group | $600,000 | |
| Listed by Mountain Realty Group | |||
| | |||
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3Brm with 3Bath with Bonus Room and Loft. Ease of access & VIEWS!!! Granite, stainless, hickory floors. Open floor plan, walk-in-closets, pantry, office & loft. Very well maintained. Extra living in the lower level with own entrance. 2 car garage which is rare. Many upgrades. This home would be great for a permanent home or second home or rental. * Home has never been on a rental * City water. Beautifully landscaped.
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| Jul 15, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017