45769 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 |
|---|---|---|---|
| Apr 28, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Indian Springs Real Estate | $649,000 | |
| Listed by Indian Springs Real Estate | |||
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Come enjoy the good life at Indian Springs in this 2,719 sf, 4 bedroom home offering incredible panoramic views of the 7th and 8th holes of the Big Rock Golf Course at Indian Springs. When walking into this home and spacious great room, you will be impressed with the view out of the upgraded & expanded custom sliding glass doors to the rear yard. You will love opening up these doors and your home to the outdoor patio to enjoy our awesome sunny days and warm desert nights... and on the rare cool night, there are built-in patio heaters to keep you warm while watching sunsets and entertain your friends. Please take a look at the attached upgrade & feature list to see the numerous upgraded features in this home that includes professional misting system, remote-controlled rolling patio shades and more! If a pool is desired, take a look at the size of this yard! There is plenty of room for an outdoor oasis with pool, spa, putting green, bbq, and more! This is one of the largest homes in the neighborhood on a premium lot with a generous yard with the most potential! Come look at this house and you will want to stay for good! Indian Springs is loved by locals and snow-birds because of low cost HOA's, reasonable golf fees, and a fantastic location near La Quinta, PGA West, Palm Desert, and the Indian Wells Tennis Gardens. Virtual Tour and more pictures will be posted soon! Don't wait to see this home, at this price, it wont last long! Rentals must be 30 days or more per HOA rules.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017