38 Meyer Hill Drive #38
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%.
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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 31, 2012 | Sold | ||
| Sold | |||
| Dec 29, 2012 | Listed by Barrett Sotheby's International Realty | $418,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| Jun 12, 2009 | Sold | ||
| Sold | |||
| Apr 1, 2009 | Listed by Coldwell Banker Residential Brokerage - Acton | $455,000 | |
| Listed by Coldwell Banker Residential Brokerage - Acton | |||
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Nearly 2400 sq ft of space in this lovely setting of detached/attached upscale TH built in 2002. Gleaming HW floors, large/open kitch overlooks the DR. Cathedral ceilings above the LR with gas fireplace and french doors to a spacious raised deck. Oak stair runners lead up to an open landing that overlooks the LR, great for an office/art/craft space. Both bedrooms on 2nd floor have full baths and MBR has walk in closet. Walkout finished bsmt w/french doors. You'll love this unit!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/29/2012
|
2 Bed
|
3 Bath
|
2397 ft²
|
$418,000
2 Bed
3 Bath
2397 ft²
|
$418,000
12/31/2012
|
Lisa Whitney
Barrett Sotheby's International Realty
| |
|
04/01/2009
|
3 Bed
|
3 Bath
|
2397 ft²
|
$455,000
3 Bed
3 Bath
2397 ft²
|
$439,000
-3.52%
06/12/2009
|
Laurie Proulx
Coldwell Banker Residential Brokerage - Acton
| |
|
03/04/2001
|
2 Bed
|
3 Bath
|
1827 ft²
|
$404,900
2 Bed
3 Bath
1827 ft²
|
$426,046
+5.22%
06/28/2002
|
Tammy Jalbert
Northwest Development
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017