69 Meadow Lea Drive
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Feb 16, 2025 | Relisted | $250,000 | |
| Relisted | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Redfin Real Estate | $250,000 | |
| Listed by Redfin Real Estate | |||
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Welcome to 69 Meadow Lea Dr, a delightful 3-bedroom ranch with a lovely curb appeal, featuring a welcoming facade and a 2-car garage. This versatile property is currently an AirBnB, offering income potential for savvy buyers. Inside, discover bright and inviting rooms filled with natural light. The spacious living area flows effortlessly into the kitchen, ideal for hosting and daily living. Each bedroom offers comfort and style, while the enclosed porch provides a cozy retreat for morning coffee or quiet evenings. Head outside to the fenced backyard, a perfect space for outdoor activities, gardening, or simply relaxing. The enclosed porch adds an extra layer of enjoyment, whether rain or shine. Situated in a sought-after Buffalo neighborhood, this home is close to local amenities, dining, and shopping, blending convenience with suburban tranquility. Whether you're looking for a primary residence or an income-generating property, this home is a fantastic opportunity! Full surveillance video and sound throughout property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017