4655 Meadow Lake Drive
About This Property
The large yard provides plenty of space for gatherings, gardening, or simply relaxing by the water.
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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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | Listed by Coldwell Banker Realty | $330,000 | |
| Listed by Coldwell Banker Realty | |||
| May 1, 2025 | Price Decreased |
$330,000
↓ $35K
(9.6%) | |
| Price Decreased | |||
| Apr 16, 2025 | Price Decreased |
$365,000
↓ $24K
(6.2%) | |
| Price Decreased | |||
| Mar 29, 2025 | Listed | $389,000 | |
| Listed | |||
| | |||
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Lakefront Living at Its Finest - $10,000 Buyer Incentive!
Experience the perfect blend of tranquility and convenience with this stunning lakefront property in South Crestview. The seller is offering $10,000 toward your closing costs or interest rate buy-down - a rare opportunity to save while securing your dream home!
Nestled on a generous 0.91-acre lot with 150 feet of private water frontage, this beautiful 1,980 sq ft brick home offers breathtaking lake views and a peaceful lifestyle just minutes from modern conveniences. With 3 spacious bedrooms and 2 full bathrooms, the home features an open floor plan designed for comfortable living and entertaining.
Enjoy sunlit mornings in the expansive sunroom, which overlooks the lake and brings the outdoors in, creating a serene retreat year-round. The freshly painted interior enhances the home's bright and welcoming feel, while recent updates including a new A/C motor and new garage door springs offer peace of mind and added value.
The large yard provides plenty of space for gatherings, gardening, or simply relaxing by the water.
Additional features include:
" A private water well for added utility savings
" A sizable driveway with ample parking space
" Fresh interior paint throughout
" New A/C motor and garage door springs
" Easy access to Highway I-10 and just 30 minutes from the world-famous Emerald Coast beaches
Whether you're seeking a peaceful primary residence or a weekend getaway, this property offers it all. Don't miss your chance to own a slice of lakefront paradise - schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017