7818 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 |
|---|---|---|---|
| Apr 14, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | Listed by Compass RE Texas, LLC | $575,000 | |
| Listed by Compass RE Texas, LLC | |||
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Wonderful Briarmeadow remodeled home w/ a welcoming front porch. Features include an open floorplan,plantation shutters, hardwood floors,herringbone travertine floors,tons of storage, crown molding,recessed lighting+ more. The kitchen features a recent apron sink, custom cabinetry w/updated hardware,recent backsplash,updated stainless steel appliances w/ 5 burner gas range, new oven and bar seating. The den features a refinished fireplace w/ gas logs+French door to patio. The backyard is a great place to entertain w/a covered back patio. The Primary bath features a recently replaced soaking tub,separate shower w/frameless door, double vanity+ walk-in closet. This home features an automatic driveway gate w/new motor+wifi gate operation, sprinkler system w/wifi operation,tankless hot water heater(2019),updated professional landscaping (2021). Previous foundation work w/ warranty. Briarmeadow offers a private residents only pool,constable patrol, and private back door trash pick up.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017