511 POINT MEADOW
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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | Listed by Keller Williams Legacy | $290,000 | |
| Listed by Keller Williams Legacy | |||
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This delightful single-story home comprises three bedrooms and two bathrooms. It showcases a formal dining area, an open kitchen with cabinet hardware, stainless steel appliances, and a tile backsplash adjacent to a cozy breakfast nook. The kitchen flows into a spacious living room with high ceilings, showcasing modern finishes, arched details, and a wood-burning fireplace. Enjoy the elegance of ceramic tile floors throughout- no carpets here. The property also features recessed lighting, a two-car garage, granite countertops in the kitchen, and a sprinkler system. The primary bedroom boasts a stand-up shower, a separate bathtub, and dual vanities. Step outside to find a backyard oasis with a covered patio, mature trees, and a deck. The home's exterior includes four-sided brick, gutters, and a charming aesthetic.
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| Aug 31, 2009 | Sold | ||
| Sold | |||
| Jul 27, 2009 | Listed by Keller Williams Legacy | $214,874 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017