5 Meadow Drive
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%.
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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 |
|---|---|---|---|
| Jun 17, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by BHHS Vermont Realty Group/Montpelier | $166,500 | |
| Listed by BHHS Vermont Realty Group/Montpelier | |||
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Here's what you've been waiting for in the Barre Town Richardson Road neighborhood! Meadows Drive is a side road, so there is limited traffic going by the home, but it's still convenient to Route 302. This adorable ranch is well maintained and solid. Built on a slab, this home is easy to maintain. Enter through a covered porch from the paved driveway or attached one-car garage. The garage was originally for two cars, but now the second bay serves as a workshop or an indoor/outdoor gathering area when you open the garage door. A shed in the back yard provides plenty of extra storage. You enter in to the large kitchen that is equipped with a gas range. A cute snack bar with a natural wood slab was added to a pass through from the kitchen. Plenty of room to spread out in the big living room. The house originally had a third bedroom, but the wall was removed to make an office space connected to the living room. A brick hearth and gas stove were added and used to help heat this efficient home. Each bedroom has a walk-in closet and there is also a walk-in pantry off the laundry room. The spacious bathroom is nicely updated and convenient to the exterior door. The back yard is flat and treeless. Plenty of sunshine! OFFICIAL ADDRESS IS MEADOWS (with an S at the end).
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| Aug 17, 2015 | Sold | ||
| Sold | |||
| May 20, 2015 | Listed by William Raveis Barre | $139,900 | |
| Listed by William Raveis Barre | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017