41 Meridian Road
About This Property
Welcome to this well-maintained Colonial-style home boasting the perfect combination of space, comfort, and thoughtful updates. Nestled in a prime Levittown location, this spacious residence features 5 generously sized bedrooms and 2 full bathrooms, making it ideal for growing or extended families.Enjoy a bright and welcoming living room filled with natural light, flowing seamlessly into a formal dining room, perfect for hosting gatherings and special occasions. The well-equipped kitchen comes with all essential appliances, including a refrigerator, stove, dishwasher, and washer/dryer, ensuring everyday convenience.Additional features include a one-car attached garage, private driveway, and ample attic storage. The home is outfitted with gas heat and hot water, and has seen several major upgrades, including a newer roof, updated A/C system, and modernized heating system.Step outside to a fully fenced backyard, ideal for entertaining, gardening, or enjoying peaceful outdoor moments. Conveniently located near top-rated schools, parks, shopping, and major transportation, this move-in-ready Colonial is a rare opportunity to own a lovingly cared-for home in a highly desirable neighborhood.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017