94 Meadow Lane
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | Listed by Looking Glass Realty | $489,000 | |
| Listed by Looking Glass Realty | |||
| Jan 3, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 14, 2024 | Listed by Looking Glass Realty | $489,000 | |
| Listed by Looking Glass Realty | |||
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See Virtual Tour / Video! 94 Meadow Lane is an ideal location with easy access to the center of downtown and all the amenities of Brevard, NC.This home boasts less city taxes without sacrificing proximity to town. The cost saving efficiencies expand to the modern solar panels drastically reducing energy bills The large level lot is hard to find in the mountains and provides outdoor enjoyment and room for gardening, chickens, and outdoor hobbies. The openness also invites plenty of natural light inside and out. The home has been appropriately updated throughout the years while preserving original hardwood floors and heart pine cabinets. Less eye catching but extremely appealing to the professional home buyer is the encapsulated crawlspace and updated plumbing. Both bathrooms have been carefully renovated. The finished out garage maximizes conditioned living space and adds an additional refrigerator, second dishwasher, and counter-space for entertaining. Schedule your showing today!
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| Jun 1, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017