7331 Fair Meadow Lane
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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed by Keller Williams Premier RealtyKaty | $750,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Make this turnkey Partners in Building gem YOURS! Located in sought-after Seven Meadows & situated on a premium corner lot, this home has been completely refreshed. Guests are greeted by a lush landscape, brick elevation & gleaming double pane windows. This home offers 4 beds, 3.5 baths, 3 car garage & a sensational backyard oasis. Fall in love with high ceilings, crown molding, engineered wood floors, custom built-ins & decorator paint. Enjoy hosting in your gourmet kitchen- granite, 5 burner gas stove, double oven SS appliances, massive pantry & A+ white cabinet storage. Relax & unwind in your elegant primary suite w/ 3 closets & completely remodeled bath. Expansive study w/ French doors & chic dining room complete the first floor. Head upstairs to find 3 guest suites & game room. Step outside to your backyard oasis that you’ve been dreaming about with a sparkling pool/spa, covered patio, outdoor kitchen, fountain, green space & multiple pergolas for max enjoyment! Zoned to KISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017