720 Fair Meadows Drive
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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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by The Sales Team, REALTORS DFW | $215,000 | |
| Listed by The Sales Team, REALTORS DFW | |||
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Walk into the front door with built-in coat hooks and storage, look closely under the bench. There is a cat door that is completely out of sight, that leads to a place for the liter-box! Easy to close off if you don't need it. Imagine your living room furniture positioned to enjoy the beautifully bricked fireplace, or gazing outside to see your beautiful pool and deck. The master bedroom has a wall of built-in bookshelves that can be adjusted. All 4 bedrooms have ceiling fans with light kits. The hallway bathroom has an amazing walk-in bathtub for your complete relaxation. The kitchen has updated appliances including the refrigerator. Make sure to check out the pool, palm tree, and play-set.
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| May 25, 2019 | No longer available | - | |
| No longer available | |||
| Feb 9, 2019 | Listed | $189,900 | |
| Listed | |||
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This cute well maintained home is very roomy with with 4 bedrooms and 2 baths. One of the rooms now is being used as an office. The large living area is great for families to watch TV and warm up around the fireplace. The best part is the backyard host an awesome pool surrounded by a beautiful deck you can decorate with planters. The pool is complimented by a super tall palm tree for added pool pleasure. This home offers a ton of features that will fit any budget. The manager has listed the unit size as 1489 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017