706 Meadow Street
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 |
|---|---|---|---|
| Aug 23, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Compass RE Texas, LLC Heights | $435,000 | |
| Listed by Compass RE Texas, LLC Heights | |||
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Pristine home with NO HOA & meticulously maintained by the first owner situated in the heart of EaDo, East River development and the upcoming Buffalo Bayou expansion (which will take the park along Buffalo Bayou)! Natural light is the star of this street-facing freestanding home w/private driveway and no back neighbor. Features timeless modern finishes throughout, hardwood floors in main areas & primary suite, secondary bedrooms with en-suite bathrooms & spacious closets. Bright and airy second floor features gorgeous kitchen, dining, living, balcony and powder bath. Highlights worth noting are: two primary closets, under-cabinet lighting in primary bath, Lutron Caseta, Rev-A-Shelf kitchen cabinet pull-out baskets, 3 Vonn modern LED chandeliers, 240V EV outlet installed in garage & Rubbermaid FastTrack garage organization system (full list attached). Incredible location to downtown, Minute Maid Park, Toyota Center, Shell Energy Stadium & major highways!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017