78 Meadow Lea Drive
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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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Keller Williams Realty WNY | $199,900 | |
| Listed by Keller Williams Realty WNY | |||
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Let us move you in...to 1st floor living in Amherst! Located on a darling neighborhood street, this storybook ranch is ready for you to move right in and call home. The large living room has 3 bright picture windows leading out to the quiet street, with a nook that's perfect for a small table or office. The eat-in kitchen has stainless steel appliances, great cabinetry in a deep cherrywood color, with built-in wine rack and subway tile. Off the kitchen is the highly desired 1st floor laundry! This house is currently set up as 3 bedrooms, however 1 bedroom could easily be converted to a formal dining area if you wished. Newer vinyl flooring throughout. Outside, is your fully fenced in yard, with a great covered concrete patio and fire pit. Furnace & A/C (2019), HWT (2013), Roof & Gutters (2013), Electric (2014), Flooring (2022).
Showings begin at Open House on 7/10 from 4-6. Other Open House is 7/14 from 11-1. Negotiations begin on 7/16 at 3pm. This property has Ring doorbells.
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| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by REALTY USA WNY INC | $149,900 | |
| Listed by REALTY USA WNY INC | |||
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Data Source: NYSAMLSs, MLS# B473192
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017