422 Meadowpoint 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 |
|---|---|---|---|
| Sep 21, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Texas Home Shop Realty | $289,900 | |
| Listed by Texas Home Shop Realty | |||
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Take a look at this fabulous move in ready 3/2/2 home in the Meadow Bend subdivision. This home features a split floor plan with tons of room for entertaining with vinyl plank flooring throughout. The kitchen features lots of storage and counter space along with a breakfast bar that is open to the family room. The primary bedroom features a large walk in closet, and an en-suite that has a newly updated vanity space with quartz counter tops and lots of storage. On the other side you will find two very spacious bedrooms with plenty of room for all of your families needs. Out back you will find a fabulous covered patio space with tons of room for the kiddos to run and play. Recent updates, floors, HVAC, appliances, water heater, plumbing, windows, fence, patio, siding, vanities, light fixtures, faucets, and paint. The Meadow Bend subdivision has no MUD tax, low tax rate, super low HOA, CCISD school district, and an awesome community pool, park, tennis courts, and basketball courts.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017