56 Meigs Drive
About This Property
Updated kitchen cabinets, counters, appliances direct and indirect lighting, flooring, chair rails in dining ,crown molding throughout and extra phone and cable for computers.
The additional bedroom has new carpet and is also wired for a computer, would make a great office or home school. There is a large laundry room with cabinets, off the hall, next to the kitchen. Owners had planned on being in this home forever so they installed a new, 2nd power box for any additional needs. Home has all copper wiring.
Large Oak trees grace this large 75x150 foot lot. Outside in back it is plumed for hot and cold water if you decide to add on another bath.
New A/C compressor August 2014. Roof approx. 11 years old.
The faucets outside are wrapped for a winter freeze.
Make an appointment today to view this very special home!
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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 |
|---|---|---|---|
| Jul 22, 2020 | Sold | ||
| Sold | |||
| May 23, 2020 | No longer available | - | |
| No longer available | |||
| May 22, 2020 | Listed by ERA American Real Estate | $237,000 | |
| Listed by ERA American Real Estate | |||
| May 18, 2016 | Sold | ||
| Sold | |||
| Dec 5, 2015 | Listed by ERA American Real Estate | $164,900 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017