48 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 |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by Keller Williams Realty Group | $962,587 | |
| Listed by Keller Williams Realty Group | |||
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Seize this incredible opportunity! In this house, you have it all! In short: Prestigious Chappaqua School District, (1) Mile to Chappaqua Metro North Train Station, Walking Path to the station and Express Line to Grand Central Station Available. Privately located in Cul De Sac, envious FLAT 0.5 Acre lot, approximately 2100 sqft - spacious 4 Bed and 2.5 Bathrooms, Finished & Heated Lower Level (Above Ground), Home Office, Oversized Large Deck + Patio that can be used as an extended kitchen and dining area during the summer. Conveniently Attached Indoor (2) car garage connects to the lower level of house. Children's Playset in the Backyard is included in the Sale. Beautiful and high-quality brand-new hard floors throughout, Recessed lights throughout, Inground Sprinkler system, Natural Gas, Central Air, and New HVAC, etc. Furthermore, you will be impressed and genuinely feel how much this property was loved and cared for by the homeowners through many detailed, good quality work and finest materials used. This is not a cheap and quickly flipped property. The homeowners constantly updated and maintained the house throughout their time. Just move in! Upon entering, you will feel instantly uplifted by abundant sunlight. You will immediately feel like you are at home! The current homeowners happen to love the classic Ethan Allen style. However, this house can be easily re-decorated in a super modern style. All name-brand stainless-steel appliances and updated kitchen & bathrooms. All (4) Bedrooms (including Master Suite) & 2 Full Bathroom are on the same floor. On the main level, there are the Livingroom with working fireplace, kitchen, and dining room, both with direct access to the deck. Lower Level (Above Ground Floor) is heated and finished with walk out. The home office has a large window where you can enjoy the beautiful scenery during downtime and relieve your stress. Occasionally, you will see the Bambi's family staring at your window from the distance. In the home office, there is a built-in bookshelf covering wall to wall. Be creative! This room can be changed to a children's playroom, library, gym, or simply a multipurpose room where you can fold your laundry. On the lower level, there is a legal Half Bathroom, Laundry Room, and HUGE Storage area. During the recent Ida storm, the home stayed completely dry and the property was 100% safe due to the location in slightly higher level area. You do not need to go on vacation to find peace and natural scenery because it's all happening in your back yard. You can utilize the gigantic deck and patio where you can hook up your grill directly to the home gas line. No more propane gas tank that you need to refill. In addition to (2) attached indoor garages, there is a long driveway that can accommodate (6) more vehicles. Attention, TESLA Lovers! There is an electric outlet to charge your car. To spoil you more, there is a generator w/ its own separate electric panel. Children can safely ride their bike and play basketball in this private cul de sac, friendly & exclusive neighborhood. Everything is close by. So, while you live in this countryside home, you can easily access all the town's conveniences. What else you could ask for more at this price! It won't last long.
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| Mar 2, 2004 | Sold | ||
| Sold | |||
| Feb 13, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017