9 Meadow RUN
About This Property
You're welcomed in by a foyer with elegant light fixtures and hardwood flooring. Adjacent to the entry is a spacious formal dining room and living space, offering ample room for a large dining table and separate seating area, ideal for hosting gatherings and accommodating everyday living needs.
The bright living room is lined with large windows that fill the room with natural light. Adjacent to the living room is the kitchen, open to the living areas, great for hosting. It features stainless steel appliances, ample cabinet space, and a large island that doubles as a breakfast bar.
The primary bedroom is a private retreat upstairs, boasting natural light, tray ceilings, a spacious layout, and a large walk-in closet with built-in shelving; the ensuite bathroom has an extended shower, dual vanities and a water closet.
Upstairs, you'll find three additional bedrooms, each offering ample space, large windows, and generously sized closets. A full bathroom, conveniently located for easy access from the guest bedrooms, includes double sinks and a tub/shower combo.
A powder bath and mudroom are on the main level for convenience. The mudroom, off the garage entry, has a sink, built-in shelving, and cabinets for organization.
The expansive backyard is paradise with a spacious patio complemented by an outdoor kitchen and lush manicured lawn.
Residents of Oak Bluff Estates enjoy 14 acres of private, natural parkland, owned by the HOA, with direct access to Brushy Creek Trail.
For discerning buyers, the property has been professionally inspected, and a comprehensive home inspection report is available.
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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 |
|---|---|---|---|
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Bramlett Residential | $624,900 | |
| Listed by Bramlett Residential | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017