4116 Meander Place #101
About This Property
The manager has listed the unit size as 1354 square feet.
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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%.
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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 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Relisted | $168,500 | |
| Relisted | |||
| Jul 30, 2017 | Listed | $168,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/24/2020
|
2 Bed
|
2 Bath
|
1230 ft²
|
$169,700
2 Bed
2 Bath
1230 ft²
|
-
-
|
-
| |
|
12/07/2017
|
3 Bed
|
2 Bath
|
1354 ft²
|
$169,900
3 Bed
2 Bath
1354 ft²
|
$164,000
-3.47%
12/21/2017
|
Maureen G Harrell
Harrell Real Estate
| |
|
07/30/2017
|
3 Bed
|
2 Bath
|
1354 ft²
|
-
3 Bed
2 Bath
1354 ft²
|
-
-
|
-
| |
|
06/06/2017
|
2 Bed
|
2 Bath
|
1079 ft²
|
$136,900
2 Bed
2 Bath
1079 ft²
|
$133,000
-2.85%
06/22/2017
|
Gregory Ellingson
Ellingson Properties
| |
|
04/24/2017
|
3 Bed
|
2 Bath
|
1473 ft²
|
$164,900
3 Bed
2 Bath
1473 ft²
|
$165,000
+0.06%
06/16/2017
|
Denise Shockey
RE/MAX Aerospace Realty
| |
|
06/29/2016
|
3 Bed
|
2 Bath
|
1284 ft²
|
$115,000
3 Bed
2 Bath
1284 ft²
|
$114,250
-0.65%
08/16/2016
|
Rusty Melle
ITG REALTY
| |
|
05/01/2016
|
2 Bed
|
2 Bath
|
1230 ft²
|
$145,000
2 Bed
2 Bath
1230 ft²
|
$139,000
-4.14%
09/06/2016
|
Teresa Guerrieri
Brevard Realty Pro, LLC
| |
|
02/19/2016
|
3 Bed
|
2 Bath
|
1346 ft²
|
$142,500
3 Bed
2 Bath
1346 ft²
|
$140,000
-1.75%
04/11/2016
|
Bruce Kwitny
RE/MAX Solutions
| |
|
08/26/2013
|
2 Bed
|
2 Bath
|
1230 ft²
|
$109,900
2 Bed
2 Bath
1230 ft²
|
$104,750
-4.69%
12/20/2013
|
Garrett Bell
Denovo Realty
| |
|
05/06/2013
|
2 Bed
|
2 Bath
|
-
|
$99,950
2 Bed
2 Bath
|
$94,000
-5.95%
01/28/2014
|
Diane DeMeria
Atlantic Real Estate Brokerage
|
Building Info
About Rockledge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017