7611 Meadowvale 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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Compass RE Texas, LLC - Houston | $685,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Charming 4 bedroom 2.5 bathroom home in Briarmeadow! This home features an open floor plan with generously sized living spaces and updates throughout. Updated (2021) kitchen includes stainless steel appliances, double ovens, and breakfast nook open to the family room. Spacious primary suite features updated (2020) primary bathroom with double vanities, luxurious bathtub, shower and private water closet. Great-sized secondary bedrooms with updated hall bathroom. Updated Mudroom/laundry room with half bathroom located off the kitchen with easy access to backyard. Sizable, fenced-in backyard with turf and patio. PEX water supply lines. 2024 HVAC and 2021 Tankless water heater. Garage sold as-is. *All info per Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017