4703 Mesquite Meadow Lane
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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by Del Monte Realty | $949,000 | |
| Listed by Del Monte Realty | |||
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Welcome to 4703 Mesquite Meadow where classic style meets impeccable features! Stunning 2 story entry sets the tone for this 5 bed/3 bath home w/ wrought iron detailing, molding details throughout, & rich hardwood floors. Home office offers wall of built-ins & gorgeous double glass doors. Dining room is adjacent & has tray ceilings, picturesque windows w/ shutters & flows into butlers pantry/chef’s kitchen. Kitchen is open to family room & has island w/ addt’l seating, SS appliances, gas cooktop & great cabinet space. Primary retreat is calming w/ high ceilings, wall of windows overlooking outdoor oasis. En-suite bath has double sinks, soaking tub & walk-in closet. Upstairs features include Gameroom w/ wet bar, drink fridge & microwave, as well as Media room. Secondary bedrooms are spacious & well appointed on the 2nd floor. Outdoor space rivals a resort w/ heated pool &spa, firepit & park like backyard. Many memories will be made here! Great location w/ exemplary schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017