6531 Meadow Road
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 13, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Listed by Dave Perry Miller Real Estate | $3,095,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Classic home beautifully renovated offering gracious living in a prime Preston Hollow location. Set on a third acre lot, the front circular drive leads to a welcoming entry with covered porch and manicured grounds. Grand foyer with two-story ceiling is flanked by the formal living and dining and is adjacent to the library with wood-beamed ceiling. Wonderful open floor plan and spacious rooms create a comfortable flow for family living and entertaining. Great room with fireplace, built-ins and wall of windows overlooks the large backyard, heated pool & outdoor entertaining area. Kitchen features a large center island, quartz countertops, Thermador 6 burner range, and Subzero. Downstairs primary suite with white oak floors, an elegant bath with marble counters, separate vanities, rain shower, and dual closets. Upstairs game room opens to turfed deck accessing 463 sqft guest quarters. Additional amenities include fire sprinkler system, radiant barrier, exterior lighting and electric gate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017