4509 Meining Road
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 |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | No longer available | - | |
| No longer available | |||
| Jul 21, 2022 | Listed by RE/MAX Town and Country | $1,350,000 | |
| Listed by RE/MAX Town and Country | |||
| Jul 6, 2022 | Price Decreased |
$1,380,000
↓ $20K
(1.4%) | |
| Price Decreased | |||
| Jun 15, 2022 | Listed by RE/MAX Town and Country | $1,400,000 | |
| Listed by RE/MAX Town and Country | |||
| | |||
|
Remarkable horse property featuring Ranch home on 4.8 acres, 135 X 250 roping arena, steer pen and alley way with fiberglass fencing, 6-stall horse barn with mats in all stalls and runs out of 4 stalls, tack room, hay storage and water spigots around the property. Barn has a hitching post for easy horse bathing and 220 outlet for horse trailer/RV. 2 loafing sheds with corals for either horses or steer and pasture for grazing. Laminate wood floors throughout home, granite countertops, custom stone tile on primary bathroom countertop, shower walls and floor, electric panels on both ends of home to shut off all lights throughout home. Enjoy westside patio outside living room with amazing views with gas & electric hookups for outdoor grilling. Property has 1 share of culver lateral irrigation rights. The manager has listed the unit size as 4799 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017