406 Westmeadow 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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2020 | Listed by United Real Estate | $212,000 | |
| Listed by United Real Estate | |||
| Apr 24, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Re/Max Realty Group | $179,000 | |
| Listed by Re/Max Realty Group | |||
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This custom, brick home has a lot of charm. Stained concrete floors add character, while the Farmhouse style light fixtures make you feel at home. The living room is spacious with a great view of the backyard. The kitchen boasts knotty alder 42 inch cabinets, stainless steel appliances, eat in breakfast area, pantry and a corner window above the sink. The master bedroom has an on suite bath and is split from the secondary bedrooms. It has his and hers walk in closets, as well. One of the secondary bedrooms has a walk in closet and the other has a custom closet system. The utility is a separate room with nice 42 in.cabinets. Out back, enjoy the covered patio and pergola, perfect for hosting family gatherings!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017