48 Meadow Road
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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%.
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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 |
|---|---|---|---|
| May 25, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $672,000 | |
| Listed | |||
| | |||
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Sought after Chilmark colonial on a fantastic half acre just a stone's throw from Chilmark Park. Unbeatable lifestyle: large living room with fireplace and bay window, formal dining room, eat-in kitchen with island, first-floor laundry, family room, and a layout that is perfect for entertaining. Rear patio overlooks a lush green lawn and has plenty of room for gardening or recreation. Master suite with walk in closet, 4 additional good-sized bedrooms, and all on a quiet Chilmark street. Full walkout basement with enormous potential, state of the art updated heating system. Lots of parking, 2 car attached garage as well! Briarcliff Recreation, minutes from downtown of either village of Ossining or Briarcliff Manor. The manager has listed the unit size as 3187 square feet.
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| Aug 11, 2017 | Listed by J. Philip Real Estate, LLC. | $649,999 | |
| Listed by J. Philip Real Estate, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017