8118 Braes Meadow 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 26, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by eXp Realty, LLC | $283,900 | |
| Listed by eXp Realty, LLC | |||
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Beautiful one story home, located just one lot from a wonderful Cul-de-Sac. This very quiet Cul-de-Sac street is lined with beautiful trees and well keep homes. The huge family room has high vaulted ceilings with wood rafters and a marble fireplace. Large open kitchen with plenty of cabinets and storage space. This kitchen has a huge breakfast bar with plenty of serving space for those big holiday parties. Both formal with lots on windows and natural light. Totally remodeled primary bathroom, and a large primary closet too. All the bedrooms and closets are good sized. Glass vessel sink and marble floors in the second bath. Nice back yard and garage. Recent roof. The owner said it's never flooded. New breaker box in 2020.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017