7623 Highmeadow 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 29, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Compass RE Texas, LLC | $629,000 | |
| Listed by Compass RE Texas, LLC | |||
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Fabulous mid-century modern home in Briarmeadow with numerous updates throughout. This home has a large backyard with a beautiful pool. Features include floor to ceiling windows across the back, original Terrazzo flooring in the living areas, remodeled primary + secondary baths+more. The island kitchen features double ovens, granite countertops,tons of storage with a walk-in pantry and a side dry bar area. The large living room features views of the backyard and leads to the dining room. The den off the kitchen is an ideal space for a home office, guest room, or playroom +has a full bath. The primary bedroom is spacious w/a remodeled bath w/large shower. This home features all under slab pipes re-routed to PVC plumbing,recent driveway (2020), hardi plank siding, previous foundation work w/warranty,water heater (2020)+more. The resurfaced pool (2021) has a recent pump (2019) and custom moveable shades. Briarmeadow offers a private pool,constable patrol+ private trash pick-up.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017