8507 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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | Listed by Circa Real Estate | $269,900 | |
| Listed by Circa Real Estate | |||
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Welcome home to this immaculately maintained 4-bedroom, 2.5 bath home nestled on a quiet cul-de-sac in Braeburn Valley. If you enjoy the classic charm of an original home, you can move right in, while layout of this home is ideal and would make for an easy renovation to make it your dream home. You'll enjoy ample dining space with both a formal dining room and breakfast room, or eat alfresco on the covered back patio. The original Chicago brick fireplace anchors the family room that is just off of the kitchen. The roof and fence were replaced in 2016, all windows are double paned and have a Transferrable Lifetime Warranty. The interior was completely painted in 2021. The front and back yards are both landscaped with flower beds, rock, and brick framing. The 2-car garage has built in cabinetry and a workshop bench for all of your projects. There is abundant closet space with three hall closets in addition to bedroom closets. This home is not in the flood plain and has never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017