5402 Gable Meadows 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 |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Oct 26, 2021 | Listed by eXp Realty, LLC | $385,000 | |
| Listed by eXp Realty, LLC | |||
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This stunning 5/3 home located on a cul-de-sac lot is fully loaded w/ at least $87K of improvements (details attached). Fresh exterior paint, 8 Wired Security Camera System (2021). This home features lush landscaping front/back, mature trees, fully fenced ample sized serene backyard great for backyard barbecues & endless entertaining. New roof (2021) New b-hyve sprinkler control system (2021). The open concept is inviting! Family Room w/ high ceilings, luxury vinyl floors, cozy fireplace & lots of natural light. Beautiful island kitchen w/double ovens, granite counters, tile backsplash & stainless appliances! Large master suite w/vaulted ceiling, double sinks, walk-in closet & double shower! Spacious upstairs game room! NEVER FLOODED. Come see today, this one will go fast! Conveniently located near Grand Parkway & 59 w/ close access to great shopping and dining. Community is full of amenities including walking paths, community pools, zip line, dog park, play grounds, & more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017