12564 16th Street
About This Property
ceilings, upgraded kitchen that features stainless steel appliances, with granite countertops and plenty of cabinet space and bar top seating and is open to the family room with a fireplace The additional living room is huge and makes great for entertaining with a fireplace and a wet bar area. The
master suite with recessed lighting, double vanity, jacuzzi style tub and separate tiled shower and walk-in closet with build ins. All rooms have ceiling fans and new carpet. There is new interior paint and new laminate floors throughout. Within close
proximity to the 60 freeway, shops, and short distance to schools, home is a MUST SEE!
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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 |
|---|---|---|---|
| Sep 17, 2020 | Sold | ||
| Sold | |||
| Aug 8, 2020 | Listed by Griffin Real Estate, Inc. | $599,990 | |
| Listed by Griffin Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017