5621 Meadow Lane
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 |
|---|---|---|---|
| Dec 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 10, 2022 | Price Decreased |
$595,000
↓ $100K
(14.4%) | |
| Price Decreased | |||
| Jun 26, 2022 | No longer available | - | |
| No longer available | |||
| Jun 25, 2022 | Listed by Twiss Realty | $695,000 | |
| Listed by Twiss Realty | |||
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BEAUTIFUL ACREAGE & TURN KEY home! Located in Lushmeadows where wildlife and peaceful living are at its finest. This home has had a full top to bottom makeover from a new roof, paint inside and out, completely new kitchen including cabinets, lighting and appliances. New flooring throughout, light fixtures, plugs & switches you name it! Brand new quality built deck to enjoy bbq'ing with a view. The master suite is located on the second story with an office/den/workout room (you pick!). The other 2 bedrooms and bathroom are down stairs with the kitchen, laundry and living room. The second story also has a large family room loft area, but it doesn't stop there! There are 3 parcels total; 2.184ac that the home, studio, garage and all utilities sit on, 2.18ac which has another driveway and the 10.21ac where most of the gorgeous view lies. At approx 3500ft elevation snow will be a beautiful experience during winter months. There are self sustaining apple trees which attract the neighborhood deer and other wildlife. The detached 2 car garage has an automatic door opener and the detached storage unit is HUGE! This space could really be whatever you make it. Home office? Music studio? Art Studio? The well has a new pump, electrical, pressure tank and shed built for it. This property is one to not be missed so contact your agent today! The manager has listed the unit size as 2192 square feet.
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| May 7, 2022 | Price Decreased |
$499,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017