8660 Meadowcroft Drive
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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 |
|---|---|---|---|
| Jan 15, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by Berkshire Hathaway HomeService | $242,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Beautiful light and bright in gated community. Living room feels like a loft with high, angled ceilings, a wall of windows, built ins and elegant fireplace. Great kitchen with granite counters, stainless appliances and a gas range. Pretty wood treaded staircase with persian runner. Landing in middle of staircase is lit up natural light from large glass block window. Elegant primary bath with garden whirlpool tub, separate shower and double sinks. Large walk in closet off master bath. Two bedrooms down. Several closets for storage. Utility room on second floor near primary bedroom. Walking distance to movie theater! Short distance to abundant shops and restaurants on Westheimer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017