3515 Red 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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Top Guns Realty on Lake Conroe | $244,888 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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This large 4-bedroom, 2 1/2-bathroom, 1 car garage property is ready to welcome its new owners! With four spacious bedrooms, there's room for everyone to find their own space to call their own. The attached 1-car garage provides convenience and shelter for your vehicle. This home boasts an office/flex room, perfect for those work-from-home days. The open kitchen and living room layout creates an inviting space for gatherings or family time. Love the outdoors? You'll appreciate the large fenced backyard, offering privacy and plenty of room for outdoor activities. Located near the Exxon/Mobile campus and the Grand Parkway, this home offers a prime location with easy access to work, shopping, and entertainment.
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About Legends Run
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
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- 2,933 ft²
$1,750 /mo
- 3 Beds
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- 1,445 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017