6516 Meandering Creek Drive
About This Property
The heart of the home is the stunning kitchen, boasting built-in cabinets, a large kitchen island, and an eye-catching tile backsplash. Wood flooring throughout the main living areas add a touch of sophistication and durability.
Relax in the inviting family room, complete with a fireplace adorned with a floor-to-ceiling stone surround, creating a warm and cozy atmosphere. All bathrooms feature luxurious quartz countertops, providing a touch of elegance to your daily routine.
Don't miss the chance to own this exceptional home, where every detail has been thoughtfully designed for a perfect blend of functionality and style.
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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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Price Decreased |
$418,000
↓ $7K
(1.7%) | |
| Price Decreased | |||
| Jun 11, 2024 | Listed by eXp Realty LLC | $425,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017