411 Meadowlark Lane
About This Property
Egret Landing! Boasting an oversized lot, Backyard is your private playground! Patio is 50X40, pool is oversized at 36x32! Long lake views add to the ambiance of this private oasis! Larger Pulte built home with over 3,000 sq ft of living area plus a three car garage! Four large bedrooms and three and a half baths! Second level consists of three bedrooms and two baths one being an en-suite that is perfect for in-laws or a nanny!
Second level also has a 18X15 area that could be a play/work at home area or even a large gym. Primary Bed and bath are generous in size, walk in closet, soaking tub, oversized shower and water closet. Home has formal living, formal dining, large family room and breakfast room.
HOME NEEDS TLC, DIAMOND IN THE ROUGH!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017