27
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7623 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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Compass RE Texas, LLC - Houston | $550,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 21, 2026 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Compass RE Texas, LLC - Houston | $595,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Fabulous opportunity in Briarmeadow! This charming, ranch style home is situated on a 9000+ square foot lot under beautiful trees. Upon entry of the home, you are welcomed in the foyer. To your right is a large, versatile living room, currently being used as a sitting room and features large windows, providing ample natural light. This room also contains the formal dining room, with easy access to the kitchen. Kitchen features great storage space, stainless steel appliances, breakfast bar, gas range and granite countertops. Breakfast room off the kitchen and access to the in house utility room. Open to the kitchen is the bright and inviting family room with a large, picturesque window. This home contains three great bedrooms: two secondary and the primary. All bedrooms contain good closet space, and great natural light. Back yard features a patio and large green space, perfect for entertaining or watching kids play! This is a home you won't want to miss!
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| Apr 15, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017