506 Meadowcroft 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 |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by 2011 AMERICAN REAL ESTATE CO. | $266,000 | |
| Listed by 2011 AMERICAN REAL ESTATE CO. | |||
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Beautifully updated home. This home has been completely remodeled with flooring, paint, cabinets, granite counter tops, stainlessappliances, and fixtures. The kitchen is open to the living room and dining room to make the perfect entertaining space. The bedroomsare all large and have a ton of storage space. The bathrooms are updated with granite and tile surround. The back yard is fenced andoffers a covered patio and a pergula for additional entertaining space. The 2 car garage has a 2 car carport attached to give moreparking. Located at the end of a dead end street gives extra privacy. Room measurements are estimated, buyer must verify.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017