4496 Meadow Dr #405
About This Property
Payment Calculator
Your Estimated Monthly Payment
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%.
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by Christiania Realty | $1,975,000 | |
| Listed by Christiania Realty | |||
| | |||
|
Located in the serene setting of East Vail, this meticulously renovated 3-bedroom Creekside condo offers an unparalleled Vail experience. The brand-new exterior boasts a fresh, modern look, inviting you in from the moment you arrive. Step inside and be greeted by the expansive great room adorned with vaulted ceilings, instantly evoking a sense of light, warmth, and comfort. The gourmet kitchen, outfitted with stainless steel appliances, is a chef's delight, ready to inspire culinary creations and memorable gatherings. Designed with entertainment in mind, this home seamlessly transitions from indoor to outdoor living. Relax on the creekside deck, savoring the tranquil sounds of nature, or indulge in a glass of wine from the convenient wine cooler as you host friends and family in your own Vail sanctuary. Convenience meets luxury with easy access to the free Town of Vail bus system, offering all the amenities of Vail Village without the hassle of driving. Additionally, Timber Falls provides access to a creekside summer pool and tennis court, perfect for enjoying the mountain lifestyle to the fullest. Beyond its impeccable design and amenities, this home boasts a strong short-term rental history, offering a lucrative opportunity for those seeking an investment property in the Town of Vail. Whether you're looking for a personal mountain retreat or an income-generating asset, Timber Falls offers the best of both worlds. Don't miss your chance to own a piece of Vail paradise. Experience the ultimate in mountain living with Timber Falls - where every moment is an opportunity for adventure and relaxation.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/10/2024
|
3 Bed
|
1 Bath
|
1569 ft²
|
$1,975,000
3 Bed
1 Bath
1569 ft²
|
$1,875,000
-5.06%
06/14/2024
|
Mark Gordon
Christiania Realty, Inc.
| |
|
05/10/2024
|
3 Bed
|
3 Bath
|
1569 ft²
|
$1,975,000
3 Bed
3 Bath
1569 ft²
|
$1,875,000
-5.06%
06/14/2024
|
Mark Gordon
Christiania Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017