5639 Bear Meadow 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 |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Coldwell Banker Realty | $345,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome home to 5639 Bear Meadow Lane. Beautiful and spacious two story with 4 bedrooms/2.5 bathrooms. Features: tiled flooring on most of the first floor, open floorpan, 2 story living room, updated kitchen w/beautiful granite countertops and white cabinets. Primary room is on first floor and primary bath has been updated w/ white quartz countertop, game room is spacious with an additional nook that can be used as a study area or office. Major updates :Roof is less than 5 years, new HVAC system to include ductwork, new gas water heater, solar screens, recently upgraded carpet. Water filtration system conveys with the house. Easy access to i10, 290 and Grand Parkway. Located near major shopping, schools and restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017