3414 Meadow 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 |
|---|---|---|---|
| Dec 29, 2023 | No longer available | - | |
| No longer available | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | In contract | - | |
| In contract | |||
| Jul 28, 2023 | Listed by Keller Williams Central 75 | $269,900 | |
| Listed by Keller Williams Central 75 | |||
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BRAND NEW ROOF & GUTTERS! We are excited to present this ranchette in booming Caddo Mills, replete with tons of amenities that provide comfort & opportunities for all kinds of hospitality around the pond or in the midst of the picturesque groves of trees both out front behind the new pipe fence & gate, as well as all the way in the back past the chicken coops, storage and packing sheds, the movie night corral with tons of porch swing seating & hammock anchors, & gardens galore. Life is just a little different out here; the air is clean & the sandy loam soil yields just about whatever crop you're wanting to grow, & the spoils are all shared among neighbors. This is a remarkable place, & life is comfortable both within the home & all around the property. The wood-burning stove provides ample heat in the winter & the Central HVAC, newly installed, is supplemented nicely by a state-of-the-art split unit. There's shade everywhere & we invite you to come put down roots, just like the trees. The manager has listed the unit size as 1456 square feet.
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| Jun 12, 2023 | Listed by Keller Williams Central | $269,900 | |
| Listed by Keller Williams Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017