5103 Glenmeadow Drive
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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 11, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by BHGRE Gary Greene | $730,000 | |
| Listed by BHGRE Gary Greene | |||
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Fantastic Meyerland gem. This custom one of a kind home offers up to 6 bedrooms and is on a large corner lot. With its unique features, it has cathedral ceilings, lots of natural light, a private pool and island kitchen, and a spacious family room and dining room. The downstairs primary bedroom has a huge closet, and the breakfast area off the large kitchen has a beautiful view of the pool. With cabinets galore, built ins and a wet bar, this home is meant for entertaining and enjoying! Upstairs are 4 bedrooms with cabinetry that is specially designed for children's height & features 2 jack and jill bathrooms. The backyard has a pool and covered area for those hot summer days where you can enjoy those cookouts or relax with that evening cocktail.There is a bonus room for the nanny or MIL. With exemplary Kolter walking distance and recently rebuilt Bellaire High School, your family can enjoy this true package that Meyerland offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017