Lot 8 Meadow Dr.
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 12, 2007 | Sold | ||
| Sold | |||
| Jan 9, 2007 | Listed by RE/MAX Executive Realty | $165,900 | |
| Listed by RE/MAX Executive Realty | |||
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Motivated seller! This property offers the best of both worlds-lot has driveway access on quiet country road and frontage in desirable neighborhood of Meadow Estates. Level lot with all engineering in hand, transferrable building permit, topographical map, order of conditions, land survey, etc. Nothing to do but build your dream home and move right in! Close to Grafton Commuter Rail, shopping and walking trails. Perfect spot to call your own yet close to neighborhood community.
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| Dec 2, 2005 | Sold | ||
| Sold | |||
| Jun 23, 2005 | Listed | $410,900 | |
| Listed | |||
| Nov 29, 2000 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017