59 Meehan 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 |
|---|---|---|---|
| Nov 7, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $265,900 | |
| Listed | |||
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If you would love to live in an established neighborhood, a sweet place to raise a family, a neighborhood to ride bikes and go for walks...this is the home you have been waiting for! This three-bedroom, two-bath Cape is equipped with a 10kW Solar array which will provide the cost of heat, hot water, air conditioning and electric for a fraction of the costs, and the next 25+ years of little to no maintenance! There is a central heating system FHW/oil but it will rarely be used. Other features that make this home special is a large wraparound deck that will surely be used often for gatherings and entertaining and the beautiful wildflower garden that attracts birds, bees, butterflies and hummingbirds. The full, dry walkout basement that could easily be finished off for extra storage or livable space. No expense was spared to make this home efficient while allowing you to enjoy all the amenities of this home. The manager has listed the unit size as 1428 square feet.
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| Jun 7, 2018 | Listed by Bean Group / Portsmouth | $265,900 | |
| Listed by Bean Group / Portsmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017