518 Meander Street
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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Listed by KW SYNERGY* | $212,000 | |
| Listed by KW SYNERGY* | |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | Listed by KW SYNERGY* | $195,000 | |
| Listed by KW SYNERGY* | |||
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Sweet home in a historic part of Abilene. Well kept with a large living space, dining area and kitchen. Kitchen features a lot of cabinet space, open shelving to display your decorative dishes and a breakfast bar. The dining area features a built in Buffet and beautiful hardwood floors. The spacious living area has a fireplace, hardwood floor under the carpet and is adorned by built in bookcases. Enjoy your morning coffee on the covered back deck that looks over the landscaped park like back yard. Out back you will find multiple storage sheds, a workshop with electric and additional parking for a RV, boats, etc. Schedule your private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017