401 Meredith Lane
About This Property
Out back, the oversized yard provides ample space to design your private oasiswhether it's a garden, patio, pool, or play area, the canvas is yours.
The primary bedroom features an en suite bathroom, while two additional well-sized bedrooms and a full hall bath complete the layout. A pull-down attic offers even more storage space.
With solid bones and boundless potential, this home is ready to be transformed into your forever home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by RE/MAX Gateway | $465,000 | |
| Listed by RE/MAX Gateway | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017