8686 Meadowcroft 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 |
|---|---|---|---|
| Apr 14, 2025 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Apr 10, 2025 | Relisted | $295,000 | |
| Relisted | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed | $295,000 | |
| Listed | |||
| | |||
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Ideally situated with convenient access to US 59, Westpark Tollroad, and Westheimer Road, this free-standing townhome offers both comfort and accessibility. Enjoy a wealth of nearby shopping, grocery, and dining options, including the renowned Houston Galleria.
Inside, the expansive owner's suite features high ceilings, a large walk-in closet, and an attached full bath complete with a large soaking tub. The spacious living room is bathed in natural light from large windows overlooking the private driveway, highlighting the elegant hardwood floors, built-in cabinets, and a versatile office nook.
The kitchen is thoughtfully designed with stainless steel appliances and a walk-in pantry, making meal prep a breeze. A perfect blend of style and functionality, this home is ready to welcome its next owner.
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| Feb 29, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017