7 Meadow Lane
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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 |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2020 | Listed by Carey Giampa, LLC/Rye | $449,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
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This attractively updated modern ranch boasts +2600sqft of heated space, including 3 bedrooms, 1 Full bath and partially finished basement that would be great as a bonus area or home office. Spacious kitchen with SS appliances, hardwood flooring, large family room w/ vaulted ceilings and skylights that fill the space with sunlight. Attractively landscaped font and backyard with patio and abundant space. Additional patio on front of property and 2 sheds for extra storage.
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| Oct 12, 2017 | Sold | ||
| Sold | |||
| Aug 30, 2017 | Listed by Ruffner Real Estate, LLC | $410,000 | |
| Listed by Ruffner Real Estate, LLC | |||
| Jun 30, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017