7914 Southmeadow Drive
About This Property
Habitable, but in need of some repairs. Sold as is where is. Seller will make no repairs. Request and review sellers disclosures before making an offer. Listing price considers any defects. Room sizes are estimates and should be verified.
Appointment required, please do not disturb occupants.
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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 |
|---|---|---|---|
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by Diverse City Realty | $135,000 | |
| Listed by Diverse City Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017