3908 Long 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 |
|---|---|---|---|
| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 29, 2022 | Listed by Sarah Boyd & Co | $2,290,000 | |
| Listed by Sarah Boyd & Co | |||
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*Multiple Offers Highest & Best Due by Feb. 8th, 5:00 pm.* Welcome to your dream home on a private lot in coveted Chimney Rock! This absolutely show-stopping 6,410 square foot home boasts fine finishes throughout. Featuring 5 bedrooms & 5.4 bathrooms. One acre lot with extensive landscaping. Gourmet kitchen boasts double islands, Waterstone fixtures, cozt breakfast area & keeping room with a inviting fireplace. The theater room flows right into a perfect flex space featuring a bar area. With spectacular views from inside & outside of the home, privacy comes first. Multiple outdoor living spaces, outdoor kitchen & beautiful saltwater pool this home is perfect for any entertainer! Amazing home in prime location!
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| May 11, 2020 | Sold | ||
| Sold | |||
| Mar 25, 2020 | Listed by Jay Marks Real Estate | $1,425,000 | |
| Listed by Jay Marks Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017