7838 MEADOWGATE 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 |
|---|---|---|---|
| May 7, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Listed | $725,000 | |
| Listed | |||
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Charming 4-Bedroom Colonial on Nearly ½ Acre – Private Lot with Fantastic Upgrades! This home is nestled on a spacious, nearly half-acre lot in a highly sought-after community! With a private, treed backyard, a new patio and front walkway, and a large deck with an awning, this home is perfect for outdoor living and entertaining. Inside, you’ll find fresh paint and new carpet, along with beautiful ceramic tile flooring. The kitchen boasts newer appliances, making meal prep a breeze, while the cozy family room offers plenty of space for gatherings. Four spacious bedrooms upstairs, newer vanity and fixtures in primary bath. The unfinished basement provides endless possibilities—create a recreation room, home gym, or additional storage space! Major exterior updates include a new garage door, driveway, and a roof that’s only 7 years old. Exterior paint and power washing were just completed. The fully fenced backyard is ideal for pets or play, offering privacy and plenty of room to enjoy. Located in an amazing community, and part of the highly-rated Colgan High School pyramid, this home offers both comfort and convenience. Meadowbrook Woods HOA amenities include a clubhouse- that can be reserved for parties and is equipped with a full kitchen, a large outdoor pool, swim team, playground, sports courts, pond, walking trails, open common areas, trash and recycling pick up - all for just $88 per month!
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| Apr 29, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017