8060 Meade St
About This Property
Yes, you read that correctly-an additional lot is included with your purchase. Perched atop a hill, the property boasts stunning views from both the front door and back porch, making it a rare find in the city. The house has been well-maintained over the years by a single owner and is now primed for a new transformation. Take a peek under the carpet for solid wood floors throughout the home! It's central location provides convenient access to major roads, enhancing its appeal. Do not miss out on this unique opportunity to acquire two lots, ideal for constructing your dream home or even two separate residences. This truly is an investor's dream!
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Cap Rate Calculator
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Mar 14, 2025 | Listed | $900,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017