74 Meigs Drive
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 |
|---|---|---|---|
| Jul 6, 2017 | Sold | ||
| Sold | |||
| Apr 25, 2017 | Listed by Keller Williams Realty FWB | $279,900 | |
| Listed by Keller Williams Realty FWB | |||
| Aug 12, 2016 | Sold | ||
| Sold | |||
| Aug 6, 2012 | Sold | ||
| Sold | |||
| Jan 28, 2012 | Listed by Century 21 Hill Minger Agency | $277,000 | |
| Listed by Century 21 Hill Minger Agency | |||
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Look no further, your search is over! Welcome home to 74 Meigs Drive in the well desired waterfront community of Shalimar. This 2-story colonial sits on a well manicured lot, facing the beautiful bayou. Refurbished from the studs down, you will marvel in the open, airy floor plan which includes rich hardwood floors, tile in bathrooms and wet areas, new carpet, fresh neutral paint, and space galore! Kitchen sports gorgeous Cherry Wood cabinets, granite countertops (also found in bathrooms), granite breakfast bar, new stainless appliances including built in microwave, smooth top cook stove, side by side refrigerator with ice maker, and new dishwasher. Fourth bedroom located downstairs can be used for an office with its very own door leading outside. Three additional bedrooms, including master are located upstairs. Master bath has lovely tiled shower, new mirrors and fixtures. Two additional bedrooms are very spacious. Huge backyard with sparkling in ground swimming pool for those hot summer days! A/C has recently been replaced both inside and out, in addition to the hot water heater. You must schedule your appointment to see this home for yourself. Hurry, it won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017