71 Fort Meadow Dr
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Redfin Corp. | $829,000 | |
| Listed by Redfin Corp. | |||
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This waterfront haven offers the best of lake life on your own .37 acres. Enjoy endless recreation possibilities – boating, jet skiing, paddle boarding, and canoeing – all from your property! Relax on one of the two decks overlooking the stunning Fort Meadow Reservoir. Inside, the recently renovated kitchen boasts brand new stainless steel appliances, gas cooking, granite counters, natural wood cabinets, tile floor, a raised cathedral ceiling and a slider to the rear deck w/ water views. A cozy wood-burning fireplace warms the living room on chilly evenings. Built-in cabinets and twin French doors access a 2nd deck that runs the full length of the home. Two bedrooms also access this deck, while a third bedroom occupies the front corner of the home. The family room is on the walk-out lower level and contains a stone hearth for a 2nd wood/gas stove if desired. This level also features a slider to backyard and water access. 2 full baths round out this property. A GEM!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017