611 Meadow Drive
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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2022 | Listed by Regal, REALTORS | $635,000 | |
| Listed by Regal, REALTORS | |||
| | |||
|
LAND O' LIVING! Stunning home with modern-century touches through out. Open floor plan features living area with raised ceiling and wood burning fireplace, dining with custom inlay ceiling, and kitchen with huge pantry. Premier suite provides a spa experience with freestanding tub inside oversized shower. This home has a once in a lifetime ground floor theater room, gigantic bonus room, and gym space-workshop. Large covered front and back porches perfect for indoor-outdoor entertaining overlook almost 4 acres of Bermuda grass, barn, and a pond.
Come on out and take a tour!
| |||
| Mar 12, 2022 | No longer available | - | |
| No longer available | |||
| Mar 3, 2022 | Price Decreased |
$660,000
↓ $19K
(2.8%) | |
| Price Decreased | |||
| Feb 15, 2022 | Price Decreased |
$679,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017