3963 MEEK 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 28, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by LINWARD REALTY, LLC | $321,750 | |
| Listed by LINWARD REALTY, LLC | |||
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|
A Great Place to call HOME... Fantastically renovated home on a beautiful treed lot in University Park. Within walking distance to Blue Cypress Park & Gulf Course. Boat Ramp and Dock within minutes at Arlington Lions Club Park. Relax and enjoy Waterfront Trails at nearby Ready Point, Reserve Point. Improvements: Re roofed - 2/23. Windows replaced. Plumbing updated. Permit Pulled: Replaced Main Drain Line servicing house to city sewer line. Drain Lines also replaced servicing kitchen and laundry room areas. Electrical updated. All bathrooms remodeled. Kitchen remodeled. Laundry room remodeled. Pr-engineered hardwood floors in all bedrooms. All other living spaces are tiled. Large shaded screened back patio. Great for entertaining. Pictures show it all... Move in and enjoy...
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| Apr 23, 2023 | Listed by LINWARD REALTY, LLC | $318,500 | |
| Listed by LINWARD REALTY, LLC | |||
| Mar 13, 2014 | Sold | ||
| Sold | |||
| Nov 25, 2013 | Listed by LINWARD REALTY, LLC | $69,000 | |
| Listed by LINWARD REALTY, LLC | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017