4 Meridian 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 |
|---|---|---|---|
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed | $237,900 | |
| Listed | |||
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What's not to love? South Dover ranch is nestled in midst of the popular Morningside Park subdivision, which offers easy access to a neighborhood recreational park, the Shaw's Lane Ballfields and two schools (Garrison Elementary and PCA). Just minutes from the Spaulding Turnpike or Routes 4/108, this location provides easy access to the Seacoast, Durham and points north. Inside, enjoy dazzling hardwood flooring, a spacious living room and full basement. Eat-in kitchen offers an ample pantry. Basement provides a wonderful opportunity for future living area down the road and also features a perfect area for a workshop. Maintenance will be easy with care-free vinyl siding and Harvey windows. Truly convenient oversize one-car attached garage with direct entry and automatic opener. Plenty of yard all around the house. Quiet, low-traffic road too. Come be a part of Dover and all that it has to offer! From the ever improving downtown, to recreational opportunities, the Children's Museum and more, you'll be happy to settle here! Home is very easy to view and a pleasure to show! The manager has listed the unit size as 960 square feet.
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| Jul 5, 2018 | Listed by RE/MAX Shoreline | $237,900 | |
| Listed by RE/MAX Shoreline | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017