3617 Meridian Avenue
About This Property
Welcome to this wonderful two-story American Legend home. The moment you arrive you will enjoy the curb appeal with a stunning stone and brick front elevation step onto your front porch Step inside and you will enjoy nailed down hardwoods to the entryway kitchen, living room, dining, breakfast nook, formal dining room perfect for entertaining in the holidays, executive study with double glass doors to add a sense of privacy when working from home. A gourmet kitchen with white cabinets with subway tile backsplash, granite countertops, stainless steel appliances, a large island, pantry, all open plan to breakfast nook and living room, living room is spacious with stone fireplace with gas starter. Primary bedroom with en suite with separate garden tub, dual vanities with granite counter tops, separate shower. Large walk-in closet. Laundry room with hanging rail and storge shelves. Large under stairs walk in closet. Upstairs you will enjoy a game room. Media room ready for movie night. Three additional bedrooms, one with ensuite and all with walk in closets. Full bathroom. Covered patio in backyard with grass area to play. Two car garage finishes this home off to perfection.
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Coldwell Banker Apex, REALTORS | $649,950 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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About Collin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017