3707 Meandering Spring Drive
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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 |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Bernstein Realty, Inc. | $690,000 | |
| Listed by Bernstein Realty, Inc. | |||
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3D Video to tour home here! NEW PRICE! Custom 1 story in gated section of Westlake just blocks from Katy ISD/Tompkins HS. Stunning stone/stucco elevation w/cement tiled roof and pavers lined driveway! Seller est sqft because builder converted the single bay garage into a media room. Floor to ceiling custom bookcase in private study w/glass French doors. Formal dining w/12 ft ceilings. Oversized den w/gas log fireplace and all open to the stunning chef's kitchen. Floor to ceiling cabinets, high-end Kit Aid appliances, built-in SS ref/freezer, oversized gas range and hood, detailed tiled backsplash and granite slab countertops w/leather finish. Split bedrooms w/primary suite on one side and large secondary bedrooms on the other. 8ft doors throughout and walk-in closets w/the bedrooms. Primary bath with beautiful details to vanities, walk-in shower, garden tub, two walk-in closets. Large covered rear patio and big side yard. Spray foam insulation. Lakes and rec center nearby.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017