5 Meadow Ln
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 24, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by Sagan Harborside Sotheby's International Realty | $799,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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This classic cape is in pristine condition and provides the best in convenience and comfort. The first floor offers a great flow from the spacious kitchen to the open dining and living room area (with fireplace), to the cozy, warm den/TV room. The updated 1/2 bath and wonderful mudroom/pantry area complete the first floor. The second floor features 2 large bedrooms, spacious bath, plenty of closet space, wonderful built-ins and laundry. The home sparkles with gleaming wood flooring throughout, upgraded windows, solar hot water and tons of storage. The large deck and patio offer great outdoor living spaces. The attractive, professionally landscaped yard and perennial gardens include a spacious fenced-in area off the back deck - perfect for dogs and kids. Additionally, the home offers convenient 3-car parking and a large shed with power and wood burning stove. Great location – easily enjoy the shops, restaurants, museums, theaters, beaches and all Marblehead has to offer.
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| Oct 29, 2015 | Sold | ||
| Sold | |||
| Jun 3, 2015 | Listed by Sagan Harborside Sotheby's International Realty | $479,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017