7 Meadow Ln
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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Apr 3, 2023 | In contract | - | |
| In contract | |||
| Feb 23, 2023 | Listed by Berkshire Hathaway Home Service New England Properties | $575,777 | |
| Listed by Berkshire Hathaway Home Service New England Properties | |||
| Feb 22, 2010 | Listed by Prudential Connecticut Realty | $483,000 | |
| Listed by Prudential Connecticut Realty | |||
| | |||
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A hidden treasure nestled behind The Ranch Golf Club. 4,220 sqft. of space with seperate inlaw quarters. 1.5 acres of wooded property. Office attached w/conference room and bathroom. 5 or 6 bedrooms (teen suite or inlaw options) Several Private entry areas. Energy efficient with 6 heating zones. Security system. Cable ready. All new appliances. 2X6 construction,hardwood floors, granite counters, private yard and oversized garage.
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| May 5, 2005 | Sold | ||
| Sold | |||
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