538 MELDRUM Lane
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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 |
|---|---|---|---|
| Sep 19, 2019 | Sold | ||
| Sold | |||
| Jul 25, 2019 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $242,500 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Jan 1, 2019 | Listed by UNITED REAL ESTATE GALLERY | $239,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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This home is in the heart of Oakleaf. You will not have to travel far from home to shop or enjoy great restaurants. A stones throw to the club facilities center and the elementary school and under 2 miles to the high/junior high schools. You will not be disappointed with this well maintained 2 story, 3 bedroom 2.5 baths, screened porch with tv and vinyl fenced back yard.
| |||
| Nov 9, 2018 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $245,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Nov 17, 2015 | Sold | ||
| Sold | |||
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About Oakleaf Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017