12965 W 16th Dr
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%.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by 8z Real Estate | $1,150,000 | |
| Listed by 8z Real Estate | |||
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Welcome to this sprawling mid-century ranch style home in the desirable Applewood Grove neighborhood. The newly renovated kitchen is a standout, designed with sleek finishes and modern conveniences, including Quartz countertops, soft-close Shaker cabinets, and stainless appliances. The home features 3 main floor bedrooms including a primary suite with newly updated bathroom. The secondary bedrooms are both generously sized with great closet space. The main floor secondary bathroom was also recently updated creating a fresh, polished look. Natural light pours into every corner, highlighting each room of the home. The living room features plantation shutters and a fully repaired & working wood-burning fireplace. The kitchen & dining areas have 2 sliding glass doors that seamlessly connect the indoor & outdoor entertaining areas. Create the perfect office, workout space, or kids playroom with the large room off the garage. Enjoy the convenience of the main floor laundry complete with new washer & dryer. The luscious backyard offers a private oasis featuring a new cedar fence as well as front & back irrigation. Finally, make your way to the finished basement with new LVP flooring. Relax in the huge bonus space perfect for a cozy family room or luxury theater space. The basement bedroom is the perfect secluded guest space complete with ensuite bathroom. Additional notable updates include: New high-efficiency furnace with Central AC and French drain. Located in a quiet neighborhood with easy access to I-70, world-class mountains, Downtown Golden, and the brand new Lutheran Hospital. Check out this wonderful home today!**ATTENTION BUYERS - This home comes with a Buyers Choice Incentive which offers a Free 1-year Temporary Interest Rate Buydown OR a credit towards a Permanent Interest Rate Buydown by simply getting approved and closing with a Collective Mortgage professional. Reach out to listing agent for more details**
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| May 30, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed | $825,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017