45542 Meadow Lake 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 |
|---|---|---|---|
| May 21, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Indian Springs Real Estate | $369,000 | |
| Listed by Indian Springs Real Estate | |||
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This highly sought after Manhattan floor plan is move-in ready with 1,981 SF of open living space, 3 bedrooms, including attached casita with separate entry off courtyard, 3 baths, and great room with tiled face gas fireplace. Gourmet kitchen with granite counter tops, double oven, maple cabinets dishwasher and microwave. Master suite with large walk-in closet, jetted tub and separate shower. Extremely private backyard with covered patio, extended concrete, saltwater pool and spa with stacked stone spillway. This home is located within the guard gated community of Indian Springs Country Club, within IID for lower energy costs, close to all shopping and within the highly sought after DSUSD. Low HOA fees includes front yard landscape maintenance, 24-hour security, FiOS cable TV/internet and community pool, spa and fitness center. All of this w/in close proximity to La Quinta and Hwy 111, Big Rock at Indian Springs Golf Club and Big Rock Pub!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017