16 Monarch Court
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 |
|---|---|---|---|
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Jul 4, 2022 | Listed by HomeSmart First Advantage | $1,149,000 | |
| Listed by HomeSmart First Advantage | |||
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Welcome to Savannah at Timber Lake! Stunning brick front colonial is situated in the center of the most beautiful cul-de-sacs of the area! This home is situated on 1.55 acres. Enter the home and be wowed by the grand two-story front entrance with gleaming cherry hardwood floors. To your right you will find the formal living room & to your left the spacious dining room with beautiful moldings and hardwood flooring. Kitchen features upgraded cherry cabinets, and leads into the sun drenched two-story great room with a gas fireplace for cold winter nights! The first floor also features a half bath as well as a bonus room that can easily become a 5th bedroom. Upstairs you will be greeted by 4 spacious bedrooms. The primary suite & primary bath will WOW any buyer. A true owners suite featuring two walk-in closets, a bath with double vanities, soaking tub, and a stand-alone shower. Backyard paradise featuring a gated in-ground heated pool perfect for summer fun! Basement with high ceilings ready to be finished and customized to your liking. Plenty of storage space, 2 car garage attached just off the Kitchen. Pack your belongings and move in!
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| Dec 6, 2013 | Sold | ||
| Sold | |||
| Sep 20, 2013 | Listed by Coldwell Banker Realty | $549,995 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017