548 97th Ave
About This Property
Open concept kitchen with quartz countertops and pebble cabinets!
The Cottonwood is a stylish two-story home featuring an open-concept kitchen and great room, plus a versatile loft upstairs. With three bedrooms, 2.5 baths, an upstairs laundry, and a two-bay garage, this 1,786 sq. ft. design offers comfort and flexibility.
The Meritage Home difference includes spray-foam insulation, advanced air filtration for year-round comfort and healthier air, and durable cementitious siding known for its strength, fire-resistance, and long-lasting performance. A Whirlpool appliance package, and full home blinds are also included for move-in convenience. Welcome home where every detail is built for comfort, efficiency, and LIFE . BUILT. BETTER.
Lake Bluff in Greeley offers a serene lake, scenic trails, and a neighborhood park for outdoor enjoyment. With natural beauty and thoughtful amenities, this community blends comfort with a connection to nature.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$419,990
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Dec 4, 2025 | Price Decreased |
$429,990
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Nov 27, 2025 | Price Increased |
$449,990
↑ $30K
(7.1%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017