4739 Meadow Lark Lane
About This Property
Each bedroom is equipped with ample closet space, and the primary bathroom has been updated with a custom tile shower enclosure for a touch of luxury. Step outside to a backyard oasis that includes a covered patio, built-in firepit area, garden shed, and picturesque hillside views. Additionally, the side yard provides ample space for boat or trailer parking. This property includes leased solar panels locked into a low kW rate for the next 10 years, ensuring energy efficiency at an affordable monthly cost. Embrace the opportunity to make lake living your reality!
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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 |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | Listed by COMPASS | $597,000 | |
| Listed by COMPASS | |||
| Jan 23, 2019 | No longer available | - | |
| No longer available | |||
| Oct 31, 2018 | Price Decreased |
$406,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Oct 16, 2018 | Price Increased |
$409,000
↑ $3K
(0.7%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017