7 Meader 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 27, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by Mott & Chace Sotheby's International Realty | $595,000 | |
| Listed by Mott & Chace Sotheby's International Realty | |||
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Riverview at Westport - Once in a lifetime opportunity to build your dream home right on the Westport River. Lot 7 is located on River Road and is 1.39 acres in size and offers vistas of the Westport River. Waterfront access to the river via a home owner's association managed easement off of Meader Lane. The lot currently has an existing structure with a two bedroom septic. Aerial video is available upon request. Please set up a private showing to access Meader Lane.
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| Jul 12, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by BHG Masiello Durham | $409,900 | |
| Listed by BHG Masiello Durham | |||
| Jun 30, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017